Sears Canada, Inc.
News and overview for Sears Canada, Inc.
Ottawa needs to look at red tape: Sears Canada chief
Canada.com | 21 days 8 hours 48 minutes ago
It costs up to 15% more for retailers in Canada to sell products like appliances because of regulatory costs for product specifications, labelling stipulations and import tariffs, says Sears Canada Inc. chief executive Dene Rogers, and Canadians might be less enticed to cross-border shop if the government looked at dropping some of the red tape.
Sears Canada profit falls
Globe and Mail (Toronto), The | 6 days 16 hours 8 minutes ago
Both earnings and revenue drop in third quarter
SpongeTech Partners with MLB Postseason Canadian Broadcast [Press Release]
Business Wire | 20 days 15 hours 32 minutes ago
SpongeTech® Delivery Systems, Inc. (“SpongeTech”) “The Smarter Sponge™”, (OTC: SPNG) is pleased to announce the Company entered into a marketing partnership with Major League Baseball during the 2009 World Series television broadcasts on Rogers Sportsnet and Le Reseau de Sport (RDS).
Reportlinker Adds World Beds And Mattresses Market Report [Press Release]
PRNewswire | 77 days 17 hours 45 minutes ago
...Furniture, Spring Air Canada and Others (includes...for Major Retailers -Sears Canada Inc, The Bay, Brault...Ameublements Tanguay Inc, Mobilia, Leon's...Retailers - Sleep Country Canada, Sears Canada & Sears Home...
UPDATE 1-Economy weighs on Sears Canada's results
Reuters | 6 days 17 hours 21 minutes ago
TORONTO, Nov 18 (Reuters) - Sears Canada Inc (SCC.TO), the nation's No. 2 department-store chain, said on Wednesday that quarterly profit fell 21 percent due to economic uncertainty and poor consumer confidence.
Department stores gear up fight for beauty market
Globe and Mail (Toronto), The | 8 days 5 hours 27 minutes ago
Cosmetics marketing is undergoing a makeover at the Bay and Sears as retailers such as Shoppers Drug Mart move aggressively onto the lucrative upmarket beauty turf
Shoppers approach holidays with frugality
Globe and Mail (Toronto), The | 1 day 5 hours 22 minutes ago
Retail sales rose 1 per cent in September, but ‘flashy consumerism is out'
BRIEF-Sears Canada reports Q3 results
Forbes | 6 days 17 hours 48 minutes ago
Nov 18 (Reuters) - Sears Canada Inc: * Reports third-quarter results Article Controlsemail
Retailers compete in the 'cheap thrill Christmas'
Globe and Mail (Toronto), The | 6 days 7 hours 51 minutes ago
As ‘stingy consumers' head to the mall, companies prepare with lower prices, smaller inventories, but no Zhu Zhu hamsters
Retailers compete for sales in the cheap thrill Christmas'
Globe and Mail (Toronto), The | 6 days 11 hours 13 minutes ago
As ‘stingy consumers' head to the mall, companies prepare with lower prices, smaller inventories, but no Zhu Zhu hamsters
Wal-Mart counting on price cuts to spur consumers
Globe and Mail (Toronto), The | 5 days 20 hours 17 minutes ago
Retailer says it plans to lower more than 18,000 prices this month alone
Sears Speeds Delivery of $100 Gift Cards to Help More Than 20,000 Military Families This Holiday Season [Press Release]
PRNewswire | 4 hours 8 minutes ago
...said Don Hamblen, Sears' chief marketing officer...their families, this year Sears is working with the non...MyVetwork Foundation, Inc. and The American Legion...or mentor go to www.sears.com/heroesathome...the United States and Canada. Sears Holdings is the...
Get phthalates out of kids' toys: Health Canada
Canada.com | 27 days 3 hours 36 minutes ago
Conceding a decade-old voluntary ban on hormone-disrupting chemicals in children's toys hasn't worked, Health Canada on Friday announced new regulations requiring companies to get phthalates out of soft vinyl toys.
Nearly one million cribs to be recalled in Canada
National Post (Canada) | 1 day 5 hours 30 minutes ago
Drop-side cribs, such as the one shown here, will no longer be sold in Canada
Repair kit for drop-side cribs called inadequate
Canada.com | 10 hours 37 minutes ago
The head of the U.S. Consumer Product Safety Commission on Tuesday told North American parents the repair kit offered in the largest Canadian crib recall is only made of plastic and recommended they purchase a new crib altogether.
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Company Overview
| Company: | Sears Canada, Inc. |
|---|---|
| Industry: | Department Stores |
| Website: | http://www.sears.ca |
Sears Canada is proof that American institutions aren't limited to the US. One of the biggest Canadian department store retailers, the company operates 120-plus stores that sell home fashions, appliances, and apparel. In addition to supplying about 170 independently-owned stores with appliances, home electronics, and garden goods, Sears Canada runs about 50 furniture and appliances stores, a dozen outlet stores, and the largest catalog business in Canada. It also sells merchandise online. The company's services include home repair, floor covering, and travel agencies (about 105 offices). US-based Sears Holdings owns a majority of Sears Canada's shares and has dropped its bid to acquire the rest ... for now.
Key Numbers
| Sales in U.S. Dollars (mil.) | 4,661.1 (2009) |
|---|---|
| One-year % Growth in Sales | -26.5 (2009) |
| Net Income in U.S. Dollars (mil.) | 234.6 (2009) |
| One-year % Growth in Net Income | -24.2 (2009) |
| Number of Employees | 32,626 (2009) |
| One-year % Growth in Number of Employees | -12.5 (2009) |
| Fiscal Year-End | January |