He said the sale of non-core real estate will improve the company's balance sheet and help ongoing efforts to re-establish Sears Canada as a major retailer. Sears Canada has undergone years of cutbacks to its staff and some store closures as it has tried to refocus its business. The retailer said it reached a "turning point" in June when its core retail network sales increased compared with a year earlier, a factor the company says has continued into the third quarter. Despite selling some of its largest department stores in major cities, Sears Canada continues to have a national network of corporate stores, Hometown stores and more than 1, pickup locations for catalogue and online sales. Sign up for our weekly email newsletter delving into climate science and life on a changing planet. Sears Canada store is seen in this undated file photo.
Sears Canada sells $100M distribution centre among other real estate
Longstanding Sears store on Shepherd set to close | Community | aegats2018.com
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Customers walk into the Sears department store at N. Shepherd Dr. The Garden Oaks store opened in Photo by Jonathan McElvy.