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Sears Retail Death in Canada: The End of "Brick & Stick" Retail?

2,492 views · Published 17 October 2017 · 3:20 · Indexed 24 October 2026

Channel: Linescrew1 · 2017 · People & Blogs

The death of big box retail outlets continue...here in Canada, all Sears stores are now in bankruptcy. Sears will close all 131 stores and inventory will be liquidated over the next few weeks and months. Over 12,000 people will lose their jobs and even their pensions are in question. For the consumers, the extended warranties on large appliances like their Kenmore Brand will not be honored.

A few years ago, even Target was sent packing after only a couple years on the Canadian market.

Sears USA is also struggling financially and isn't too far away from a serious restructuring or bankruptcy.

This is the future of modern brick and stick retail outlets. Amazon, eBay and other online retailers are killing much of the big box industry.

What are your thoughts on this phenomena?

The BIG sales start on October 19, 2017 for the Sears liquidation sale...

Music used under license.

Keep your wheels on the ground folks!