Tag Archives: Sears Auto Centers

Sears to Explore Sale of Sears Canada

Sears Canada

HOFFMAN ESTATES, Ill.-Sears Holdings said it is considering a possible sale of its 51 percent stake in Sears Canada or a potential sale of Sears Canada as a whole, along with other strategic alternatives. The company said it intends to hire an investment banking firm to explore all of the alternatives. Meanwhile, Sears Canada’s boardMore »

Sears Loss Grows in Q3

Sears

HOFFMAN ESTATES, Ill.-Declines in sales and a jump in promotional activity made the ink in Sears Holdings’ bottom line redder in its fiscal third quarter, ending on Nov. 2. The company posted a net loss of $534 million in the quarter, compared to a net loss of $498 million in last year’s third quarter. NetMore »