Tuesday, October 10, 2017

SEARS CANADA TO CLOSE COMPLETELY

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Huffpost reports that Sears Canada is asking the court permission to liquidate all of the company's assets and wind down their business.

They have been operating under creditor protection since June and have been unable to find a buyer that would continue to operate the business.

The retailer says it "deeply regrets this pending outcome and the loss of jobs and store closures".

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