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Sears Canada reportedly bound for liquidation
-Retail Dive - Wed Jun 21 08:05:05 EDT 2017
Sears Canada, like its namesake and former parent Sears Holding Corp., issued “going concern” language in a release this year. For the northern counterpart to Sears, the week betwe...
Sears shares close Wednesday down 5.4%
-Market Watch - Wed Jun 21 14:07:09 EDT 2017
Sears Holdings Corp. shares soared 10.4% in Thursday premarket trading after the retailer reported first-quarter sales that beat estimates. Net income was $244 million, or $2.28 pe...
Sears Canada says it is seeking court protection | Fox Business
-Fox Business - Thu Jun 22 05:37:28 EDT 2017
TORONTO –  Sears Canada said Thursday it is seeking court protection from its creditors in order to restructure its business. The retailer, a separate, publicly traded company...
Sears Canada preparing to seek creditor protection - source
-Reuters - Tue Jun 20 17:45:35 EDT 2017
June 20 Billionaire Eddie Lampert-controlled Sears Canada Inc is preparing to seek court protection against creditors in the coming weeks, a person familiar with the matter said on...
Sears Canada on Thursday filed for creditor protection as it seeks to continue restructuring its struggling business. The Toronto-based retailer applied for protection in the Ontar...
Sears Holdings Corp (SHLD) Stock Is Garbage, But Should You Short?
-InvestorPlace - Mon Jun 19 17:03:46 EDT 2017
In 1975, it was “Where America Shops.” Today, Sears Holdings Corp (NASDAQ:SHLD) is barely surviving. You know things aren’t going well when a large company’s quarter...
Sears shares down 8% in Wednesday trading
-Market Watch - Wed Jun 21 08:07:11 EDT 2017
Gymboree's Chapter 11 bankruptcy filing lifts the Fitch U.S. retail sector 12-month loan default rate to 2.7% from 1.7%, the ratings agency said Monday. Gymboree has had a high lev...
Chain store closing can be blow, blessing for small business
-SM Daily Journal - Mon Jun 19 05:00:48 EDT 2017
NEW YORK — When big retail chains close stores, it can be a blow or a blessing for small businesses near the shuttered merchants. Many shoppers gravitate to a smaller store when on...
Chain store closing can be blow, blessing for small business
-Post Bulletin - Fri Jun 16 23:10:46 EDT 2017
Many shoppers gravitate to a smaller store when one of the big players shuts down, says Aric Shlifka, the owner of Kiddles Sports in Lake Forest, Ill. The demise of the Sports Auth...
Activist fund wants Hudson's Bay to sell properties, go private
-Retail Dive - Tue Jun 20 08:06:15 EDT 2017
If you’re a retailer who owns a sizable share of your store footprint, you can more or less expect to become a target of Wall Street activists at some point. Where retailers see st...
T.J. Maxx Is Defying The Retail Slump -- WSJ -2- | Fox Business
-Fox Business - Tue Jun 20 23:03:22 EDT 2017
TJX Cos. bets big on in-store shoppers, puts faith in merchandise buyers Traditional retailers are in crisis, damaged by rapidly shifting consumer tastes, technological change and ...