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A bankruptcy toolkit for employees of Sears Canada

Monday, July 17, 2017 @ 8:45 AM | By Alison McEwen

It is the end of an era. The iconic Sears store nearest you might be closing. As of May 30, Sears Canada employed approximately 17,000 people, with 10,500 in part-time positions and the rest working full-time. After filing for temporary protection from creditors in June, Sears Canada announced it would be closing 20 full-service locations, 15 Home stores, 10 Outlet stores and 14 Sears Hometown stores. The store closings will result in about 2,900 employee layoffs. About 500 office positions will be eliminated immediately, with the...