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Sears Canada Inc. was a publicly-traded Canadian company affiliated with the American-based Sears department store chain. In operation from 1952 until January 14, 2018, and headquartered in Toronto, Ontario, the company began as Simpsons-Sears—a joint venture between the Canadian Simpsons department store chain and the American Sears chain—which operated a national mail order business and ...
- 1952; 71 years ago
- $3.146 billion (2015)
- 58 (April 2018)
Jan 17, 2023 · In 1999, Sears Canada made a bold move and acquired department store chain Eaton’s, which was facing bankruptcy, and attempted to revive it under a new concept. That included a new store model with upscale brands and the efforts were a failure with Eaton’s 2.0 shutting down in 2002. ESL Investments was the largest shareholder of publicly ...
Oct 11, 2017 · More than 64 years ago, Sears Canada (Simpsons-Sears at the time) opened its first store in Stratford, Ont., and then went on to play a dominant role in the Canadian department store market. Fast ...
Oct 10, 2017 · Share your Thoughts! The very first Simpsons-Sears catalogue landed on Canadians’ doorsteps in February of 1953. The spring-and-summer edition was a doorstopper at 556 pages, and featured ...
Sears Canada Inc. was a publicly-traded Canadian company affiliated with the American-based Sears department store chain. In operation from 1952 until January 14, 2018, and headquartered in Toronto, Ontario, the company began as Simpsons-Sears—a joint venture between the Canadian Simpsons department store chain and the American Sears chain—which operated a national mail order business and ...
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Jan 14, 2018 · Sears Canada planned to dole out millions of dollars in retention bonuses to head office staff, while grappling with a more than $260-million shortfall in its pension plan. The company originally wanted to pay a total $7.6 million to 43 top employees, but revised that to a total of $6.5 million to 36 employees after a backlash.
Sears Canada Inc. Sears Canada Inc, headquartered in Toronto, is a Canadian retailer incorporated in 1952. In 1953 operating under the name Simpsons-Sears Ltd, it acquired the mail order agency and order office of SIMPSONS, LIMITED and its subsidiaries and today operates over 1400 catalogue sales units, 3 customer merchandise service centres and 110 retail stores.