The Globe and Mail is reporting that at today’s Sears Canada annual general meeting, CEO Calvin McDonald confirmed the possibility that the retailer might sell additional assets as it seeks to increase productivity and streamline operations.
Last year Sears sold back the leases to three high profile stores to landlord Cadillac Fairview, which opened the door to
In a further consolidating of its store categories, Sears is eliminating electronics and window coverings, and scaling back on its signature Craftsman hardware line as it focuses on fashion and appliances.
From the Globe and Mail:
“We’re here to remain in