Content about Sears Canada

October 2, 2014

As part of its agenda to boost liquidity ahead of the highly contested holiday shopping season, Sears Holdings plans to sell most of its 51% stake in its struggling Sears Canada division to shareholders — a move that stands to raise as much as $380 million by November.

September 25, 2014

Sears Canada president and CEO Douglas C. Campbell has resigned his spot so he can return to the United States by the end of the calendar year to tend to personal family issues. The board will commence a search for a new CEO immediately.

September 25, 2014

Sears Canada president and CEO Douglas C. Campbell has resigned his spot so he can return to the United States by the end of the calendar year to tend to personal family issues. The board will commence a search for a new CEO immediately.

August 21, 2014

Describing second-quarter earnings as "unacceptable," Sears Holdings chairman and CEO Edward Lampert added that his company's transformation is continuing and online sales are growing.

July 25, 2014

With back-to-school shopping in full swing, Sears is wooing parents not only with an assortment that includes new styles but also expanded store pickup that aims to drive traffic into its stores with the promise of convenience.

July 24, 2014

Sears Canada has added EVP and operating chief Klaudio Leshnjani to the board of directors, following the sudden passing of H Ronald Weissman.

July 7, 2014

Sears Holdings has named Kristin M. Coleman as SVP, general counsel and corporate secretary. Coleman most recently served as Brunswick Corporation's VP, general counsel and corporate secretary.

June 23, 2014

Kevin Holt was named CEO of Delhaize America to oversee U.S. operations that account for 60% of Belgium-based retailer’s annual sales of $28 billion.

May 14, 2014

Sears Holdings plans to hire an investment banking firm to explore strategic alternatives regarding its 51% ownership stake in Sears Canada.

May 14, 2014

Sears Holdings plans to hire an investment banking firm to explore strategic alternatives regarding its 51% ownership stake in Sears Canada.

February 5, 2014

Mark Panzer, president and CEO Pharmaca Integrative Pharmacy, will be leaving the company to pursue an opportunity at Sears Holding.

January 30, 2014

Sears Canada, which laid off more than 1,300 employees on Jan. 15, is cutting an additional 624 jobs. The retailer said it is modifying its store structure to improve efficiency and increase the effectiveness of the chain of communication between management and the store associate teams within the stores.

December 19, 2013

Sears Holdings has elected law firm executive Cesar Alvarez to its board of directors.

December 6, 2013

Eight months into his role as CEO and with a new merchandising organization in place, David Campisi is following a familiar blueprint to reinvigorate the performance of Big Lots — making hard choices to streamline operations, implementing new merchandising strategies and lowering near-term expectations.

December 4, 2013

Sears Holdings chairman and CEO Eddie Lampert has pared down his stake in the retailing company, according to a regulatory filing Tuesday.

November 27, 2013

Sears Canada is undergoing a six-month reorganization that will result in 712 job cuts, including 79 staffers who have already been terminated at its head office.

October 24, 2013

Beauty retailer Sephora has appointed former Sears Canada and Loblaws executive Calvin McDonald as president and CEO of Sephora Americas, effective Jan. 1, 2014.

October 24, 2013

Beauty retailer Sephora has appointed former Sears Canada and Loblaws executive Calvin McDonald as president and CEO of Sephora Americas, effective Jan. 1, 2014.

October 11, 2013

Sears Canada is getting ready to introduce the first-ever Black Friday sale in Canada to accompany Canadian Thanksgiving in October.

September 24, 2013

Sears Canada CEO Calvin McDonald has resigned from his position and the company’s board of directors to pursue an opportunity with an international company. Taking his place will be current EVP and chief operating officer Douglas C. Campbell.

September 24, 2013

Sears Canada CEO Calvin McDonald has resigned from his position and the company’s board of directors to pursue an opportunity with an international company. Taking his place will be current EVP and chief operating officer Douglas C. Campbell.

July 2, 2013

GNC Holdings has elected former PetSmart CEO Robert Moran and former Midas CEO Alan Feldman to its board of directors.

June 19, 2013

The Retail Industry Leaders Association elected Ron Boire, president of Sears and Kmart, to its board of directors, during its semi-annual meeting in Washington, D.C.

May 2, 2013

Among the highlights of the first Sears Holdings shareholder meeting since Edward Lampert became chairman and CEO were details on the company's progress in combining its brick-and-mortar and online businesses.

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