Canadian national liquidating
To anyone under 40, all the boo-hooing over the fate of Sears Holdings Corp. The baby boomer will tearfully recall Sears' stature as the Wal-Mart Stores Inc in her youth. The warehousing and sorting facilities it built were vital in developing regional centers like Atlanta.Her old man will remember Sears as the Amazon.com, Inc. To hear Sears is going under - and it is - despite another 0 million credit line from controlling shareholder Eddie Lampert - is like hearing that the water system is going under, that we don't need those electrical poles, or that AT&T Inc. Sears was an early centerpiece of the American suburb, and helped create the American shopping mall. Postal Service trucks delivering hefty Amazon packages today got their start working for Sears.began liquidation sales at 54 locations that will be closed as part of a court-supervised restructuring that began last month.
I recently visited a retail store that was so well-staffed, organized and aesthetically pleasing I almost couldn't believe I was still in 2017 - the year of the dying retail industry. Here's a hint - it was not a store run by Sears Holdings Corp. stores located in the Freehold Raceway Mall in New Jersey in a second-floor space that used to house a Sears store's upper level.Information contained on this page is provided by an independent third-party content provider.Frankly and this Site make no warranties or representations in connection therewith.TORONTO — Shoppers queued up Friday in hopes of finding a deal as Sears Canada Inc.Large red, black and yellow signs that proclaimed "everything must go" and "nothing held back" greeted bargain hunters who began lining up before the doors opened Sears Canada says prices will be discounted by 20 to 50 per cent.
Sears Canada has been under court protection since June 22.