Sears Canada to Liquidate

Predicting the demise of Sears & Kmart since 2017!
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Sears Canada to Liquidate

Post by wnetmacman »

The story says it all. Wonder if we're next.

https://seekingalpha.com/news/3300238-s ... email_link
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Re: Sears/Kmart Death Watch 2017

Post by Brian Lutz »

Looks like the end for Sears (in Canada, at least):

http://www.msn.com/en-us/money/companie ... ar-AAth2FM

All Canadian Sears stores are closing.
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Re: Sears Canada to Liquidate

Post by storewanderer »

Maybe Sears Mexico will stay in business long term. It appears to be healthy.
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Re: Sears Canada to Liquidate

Post by klkla »

storewanderer wrote: October 11th, 2017, 8:17 pm Maybe Sears Mexico will stay in business long term. It appears to be healthy.
Probably because they are not owned by Mr. Lambert. They are owned by Carlos Slim (Mexico's richest man and one of the richest in the world).
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Re: Sears Canada to Liquidate

Post by SamSpade »

klkla wrote: October 18th, 2017, 6:47 pm
storewanderer wrote: October 11th, 2017, 8:17 pm Maybe Sears Mexico will stay in business long term. It appears to be healthy.
Probably because they are not owned by Mr. Lambert. They are owned by Carlos Slim (Mexico's richest man and one of the richest in the world).
He also owns Sanborns in Mexico, right?
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Re: Sears Canada to Liquidate

Post by klkla »

SamSpade wrote: October 19th, 2017, 8:16 am He also owns Sanborns in Mexico, right?
Yes, through Grupo Carso. They Sears MX, Sanborns, and Saks 5th Ave. among others.
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Re: Sears Canada to Liquidate

Post by SamSpade »

Apparently Canadians aren't as used to "going out of business" liquidator sales as U.S. customers.
Press about rapidly deteriorating store conditions, despite discounts only being 20% to 50% off tags (although it is Business Insider :| )
http://www.businessinsider.com/sears-cl ... os-2017-10
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