Sears Canada - Gone - Closed for Good!

in #life7 years ago

The few remaining Sears Canada stores closed their doors for good on Sunday.

A longtime anchor of Canada’s Malls declared bankruptcy last year. This weekend it closed its doors for the last time, leaving 15,000 people out of work.

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* source http://edmontonjournal.com/news/retail-marketing/sears-canada-shutters-its-final-stores-sunday-after-months-long-liquidation/wcm/76ad1ffb-7234-4353-8e5c-2a1ec7105c96

Who will be next to fall?

Challenges mount at Hudson’s Bay as losses almost double. 'They are now way behind Amazon and Walmart'

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The country’s oldest retailer disappointed investors by nearly doubling its third-quarter losses. HBC tied the quarterly weakness to lower customer traffic.

That is a real struggle in the era of traditional bricks and mortar retailers competing with Amazon and Walmart.

* source > http://business.financialpost.com/news/retail-marketing/hudsons-bay-shares-plummet-after-retailer-reports-lower-sales-almost-doubled-losses

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Goodbye Sears - I will miss you but there is always Macy’s and stuff

thanks for the comment @theessential. There is a growing trend that people are shifting more to buying online and that is hurting the old brick and mortar stores that don't adapt to the changes fast enough.

I agree--the brick and mortar model is quickly dying...NO need for all of that overheard when we can just store product in a warehouse and fulfill orders all day.

the ease of access to the internet is a big game changer. I shop more and more on line.

yep, kinda sad on one hand to see all the stores go....but on the other hand...businesses must adapt or die. :) hence Sears.

Sears!
Say to Goodbye, miss the sale store closing there ...

Sad to see it go. thanks for the comment @suhaily

who even knew Sears was still around?? :)

thanks for the comments and for the upvote @johngabriel, much appreciated

It's hard to think that a company that once was a go to could fall so far. We actually picked up the Sears Wish Book this year as a big deal was made about them rolling it back out. What a joke! There was maybe 4 pages of toys...seriously a Christmas/Holiday Wish Book and only a few pages of toys. They are out of touch with their consumer.

They have more floor space dedicated to about 8 mattresses then the entire toy department. We actually stopped in there too. Call it sentimental reasons as we used to shop there a lot when I was a kid.

Sad to see so many closing (in the US too) but they really don't deserve to stay open.

yes, the Sears Wish Book was a highlight of pre-Christmas time for me as a kid. That and Eaton's were the places to go for Christmas toy gazing.

Shelves and shelves and shelves of toys and Santa.

Anyone Canadians who remember Eaton's Christmas comics and Pumpkinhead?

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