Skeezix
Senior Member
I have no idea where any of these are located... I guess all in the typical North American suburban strip malls.
None of them are strip malls. All are fairly high profile malls.
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I have no idea where any of these are located... I guess all in the typical North American suburban strip malls.
maybe instead of "Sears", use "Sears Canada Inc." in a non-familiar colour/font. Consumers will generally not be interested in any Inc.
to ksun, those are all remote, rural locationsNone of them are strip malls. All are fairly high profile malls.
I think that's the issue. Calvin Macdonald tried to revitalize the Canadian stores, but left when it became apparent he wasn't going to get the funds to do so. Lampert has been starving the stores in the U.S. and Canada of cash. Sears' capital investment in its stores is a fraction of the industry average. All of the money from the sale of the Toronto Eaton Centre lease, Yorkdale lease, and all the other key stores, went to dividends - not a cent was reinvested in the company.
I strongly suspect that the Erin Mills store will not be renovated any time soon.
One more option for consumers in Canada disappears, not because the chain could not have competed had it been given the tools to do so, but rather because its owners in the U.S. were incompetent and treated the chain as a cash cow rather than an ongoing concern. To me, it's a sad, sad disaster (and arguably didn't have to happen this way).
Agreed. I believe that Sears downfall isn't mainly an inevitable outcome of changes in the retail landscape, but that it is simply being run right into the ground. While the loss of Sears is not a big deal for most people in large urban and suburban areas (pretty much anything they sold can easily be found elsewhere), it's a serious problem for many smaller communities where Sears is the most popular -- and sometimes only -- local provider for several types of merchandise and services. These places will be hit hard both by the loss of services and local jobs.
Does anyone have access to The Bays sales figures at Yorkdale or Eaton Center before and after renovations.
Good question. It might be inevitable (only in the sense of what has occurred at Sears these past few years), but I'd also call it a disaster. Sears Canada (still) employs thousands of people, with a significant number of head office jobs in downtown Toronto. That's a sad number of pink slips. The company has roots in this country, dating back to Simpsons Sears, and we are seemingly about to lose that. One more option for consumers in Canada disappears, not because the chain could not have competed had it been given the tools to do so, but rather because its owners in the U.S. were incompetent and treated the chain as a cash cow rather than an ongoing concern. To me, it's a sad, sad disaster (and arguably didn't have to happen this way).