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


Join the conversation Load comments

Latest in Fashion & Style

Old Navy shuts down stores in Toronto after remaining open for first few days of lockdown

This is why people are still allowed inside Toronto malls like Yorkdale

Some Joe Fresh stores still open in Toronto despite lockdown

Hudson's Bay closing Queen St. store after uproar over opening during Toronto lockdown

10 Black Friday 2020 deals in Toronto you can get online or through curbside pickup

10 holiday gift ideas for the skincare obsessed in Toronto

Hudson's Bay store in Toronto remains open after landlord fails to evict it from mall

People worried about crowds at Vaughan Mills now that malls in Toronto are closed