Sears Canada closing 59 locations including Red Deer
TORONTO — Sears Canada Inc. (TSX:SCC) plans to close 59 locations and cut approximately 2,900 jobs as part of its plan to restructure its business under court protection from creditors.
Among the locations slated for closure is the Sears full-line store at Bower Place in Red Deer.
“We don’t have specific dates yet, but the store closing is expected to be months away. In Red Deer, there are 27 full-time and 69 part-time people affected,” said Peter Block, spokesperson for Sears Canada.
The struggling retailer says it will close 20 full-line locations, plus 15 Sears Home stores, 10 Sears Outlet stores and 14 Sears Hometown locations.