This should be invisible

Sears Canada closing

Sears is closing two more Toronto stores

After having been a dominate figure in the Canadian retail landscape for decades, Sears Canada continues to struggle to stay alive. The department store retailer has announced that more stores will shut down in Toronto and elsewhere across the country.

Sears will close its Fairview Mall and Scarborough Town Centre stores over the next few months. The dying retail power is also set to close locations in Oakville and Hamilton as part of its latest contraction.

The company applied for credit protection in June and has slowly begun to close its doors. While Sears has been trying to stay afloat by securing corporate backing, it has yet to find success in that department.

This most recent move is yet another reminder of the death of old-style department store and the ongoing transition to a modernized shopping experience, not to mention the ubiquity of super-retailers like Walmart.

Liquidation details have yet to be released for the soon-to-shutter Toronto locations.

Lead photo by

Darrell


Latest Videos



Join the conversation Load comments

Latest in Fashion & Style

Thousands of Drake-obsessed fans wait in line for hours at Toronto OVO warehouse sale

IKEA offering discounts to drivers but not transit riders and Toronto isn't impressed

Toronto beauty boutique has permanently closed after a decade in business

People in Toronto are loving the new show about a bridal store in Little India

Zellers is now hiring in Toronto and dropping all kinds of hints about its comeback

Toronto shoe store that was the only one of its kind has permanently closed

The best looks from a Euphoria-themed party at SoHo House in Toronto

Two women in Toronto are changing the male dominated condom industry