Last month, everyone went WTS when we, along with multiple other news sources, reported that Sears would begin to sell groceries in the near future.
According to the Canadian Press, the retailer, who has been struggling with low sales and store closures, wanted to get into the food game to lure in shoppers. It was said that the Toronto-based retailer had signed a partnership with two specialty supermarket operators to run markets at some if its revamped locations.
Apparently, Sears Canada will not, we repeat, will not be getting into the “grocery business”.
So there you have it.
While Sears Canada is exploring the idea of hosting a grocery store, the groceries would not belong to Sears Canada and would simply be an opportunity to attract customers and move them between the grocer and Sears.