This is just court approval to start liquidation sales for the closings previously announced. No more stores are being closed (yet) beyond those in the original creditor-protection announcement.End of the line, I guess. I wonder what will emerge from the veil of bankrupcy.
Were it feasible, I'd rather suggest boycotting Eddie Lampert's hedge fund.....#BoycottSearsCanada: Retailer faces 'PR nightmare' over treatment of laid-off workers
Chain tries to attract customers during restructuring, but encounters online criticism
Sophia Harris, CBC News, 23 July 2017
Why do you think Sears is declining? On Urban Toronto there have been references to Eddie Lampert.More damage caused by the powers-that-be at Sears Canada, who have gutted the company, and funneled billions of dollars out of the company and out of the country to shareholders while simultaneously starving retail operations and underfunding the company pension.
Boys and Girls Club face funding shortfall as financially troubled Sears bows out
Agency facing a deficit of half a million dollars, meaning Canada’s vulnerable children may not get as many after-school activities
Toronto Star, 21 August 2017