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Sears Canada to Liquidate With the Loss of 12,000 Jobs

2017-10-10 23:12:16| National Real Estate Investor

The company said it didnt receive a viable bid to keep the stores operating as a going concern.

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Time Running Out on Blackstone-Backed Bid for Sears Canada

2017-10-06 21:13:45| National Real Estate Investor

A management group led by Brandon Stranzl and backed by Blackstone Group LP, has until Oct. 13 to convince a special committee of Sears Canadas board of directors to accept his revised bid for the chain.

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Sears thrown another lifeline with $100m cash injection

2017-10-06 13:23:00| Daily apparel & textile news and comment - from just-style.com

Edward Lampert, owner and CEO of Sears Holdings has thrown another lifeline to the troubled retail chain with a further cash injection in the lead-up to the key holiday shopping season.

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Sears thrown US$200m lifeline from CEO Lampert

2017-07-18 15:59:00| Daily apparel & textile news and comment - from just-style.com

Troubled US department store retailer Sears Holdings has just been thrown a US$200m lifeline from its CEO Edward Lampert.

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Sears Canada gets sale nod

2017-07-14 15:58:00| Daily apparel & textile news and comment - from just-style.com

Department store retailer Sears Canada has been granted court approval to begin a sale and investment solicitation process (SISP) to seek proposals for the acquisition of, or investment in, the group's business or assets.

Tags: canada sale nod sears

 

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