Today is the day that Sears will present itself before an Ontario Superior Court in an effort to green-light its liquidation sales plan for the stores that are set to be shut down.
According to the CBC, Sears aims to start liquidating some of its stores’ assets on July 21, 2017.
As we previously reported Sears plans on closing 59 stores and eliminate up to 2,000 jobs country-wide. Again according to the CBC Sears will cut 20 full Sears stores, 15 Sears Home Stores, all 10 Outlet stores and 14 Sears Hometown stores.
The Sears that are set to close will use third-party liquidators Gordon Brothers Canada and Merchant Retail Solutions to perform the liquidation process.
Sears isn’t going to go the Target route and plans on liquidating the inventory in a “subdued” manner. You won’t’ see “big red balloons” or “flashing lights” .
We figure Sears is going this route because the brand isn’t closing down for good, they simply want to quietly close down some of their stores and liquidate at the same time.
Full Line Stores
Medicine Hat, Alta.
Grande Prairie, Alta.
Lloydminster, Alta.
Red Deer Relocation, Alta.
Kamloops Aberdeen Mall, B.C.
Bathurst, N.B.
Saint John, N.B.
Corner Brook, N.L.
Truro Mall, N.S.
Dartmouth, N.S.
Brockville, Ont.
Sault Ste. Marie, Ont.
Hull, Que.
Chicoutimi, Que.
St. Georges de Beauce, Que.
Alma, Que.
Drummondville, Que.
Regina, Sask.
Moose Jaw, Sask.
Prince Albert, Sask.
Hometown locations:
Cold Lake, Alta.
St. Albert, Alta.
Okotoks, Alta.
Spruce Grove, Alta.
Ft. McMurray, Alta.
Leduc, Alta.
Sherwood Park, Alta.
Creston, B.C.
Sechelt, B.C.
Grand Forks, B.C.
Orangeville, Ont.
Rimouski, Que.
Rouyn-Noranda, Que.
Melville, Sask.
Outlet stores:
Abbotsford Retail, B.C.
Winnipeg Garden City, Man.
Halifax Outlet, N.S.
Cornwall, Ont.
Chatham, Ont.
Cambridge, Ont.
Timmins, Ont.
St. Eustache, Que.
Montreal Place Vertu, Que.
Sorel, Que.
Sears Home stores:
Calgary, Alta.
Edmonton Skyview, Alta.
Ancaster, Ont.
Woodbridge, Ont.
London, Ont.
Scarborough, Ont.
Kingston, Ont.
Ottawa East, Ont.
Sudbury, Ont.
Windsor, Ont.
Orillia, Ont.
St. Bruno, Que.
Laval, Que.
Quebec City, Que.
Ste. Foy, Que.
Read more: https://www.styledemocracy.com/sears-close-59-stores-start-liquidation-process/#ixzz4mifTACJz
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Source: CBC