Retail Vacancy Rates Jump Following Sears Canada Closure
/Vacant Sears Canada space in Calgary pushed the city’s retail vacancy rate at the end of 2017 to more than twice the 10-year average.
Read MoreVacant Sears Canada space in Calgary pushed the city’s retail vacancy rate at the end of 2017 to more than twice the 10-year average.
Read MoreAn industry veteran says he had a revolutionary plan to save the defunct retailer, though he was ultimately unable to get through to the company with a strategy.
Read MoreThousands of former staff are examining their options, and some will find it easier than others.
Read MoreWith Sears Canada having vacated millions of square feet of space, landlords will need to be creative at a time when department stores are on the decline.
Read MoreSears Canada closed its last 32 Canadian stores on Sunday, January 14. It is expected to continue to make headlines into 2018.
Read MoreWe’re predicting that this year will be one of highs and lows — Sears Canada will shutter, Nordstrom Rack will enter Canada, marijuana will be legalized, and plenty of other developments.
Read MoreWhich apparel retailers will benefit from Sears Canada’s demise, and which apparel suppliers were affected by Sears Canada’s closure?
Read MoreIt’s just the latest signal that employees and regulators should rethink their approaches to defined-benefit pensions.
Read MoreThe announcement will result in 12,000 job losses and millions of square feet to fill, though some landlords say there’s a silver lining to Sears Canada’s exit.
Read MoreMore job losses and real estate vacancies that will need to be filled, at a time when landlords are still struggling to tenant former Target spaces.
Read MoreThe company is changing the course of its retail operations and as a result, Canada's off-price market will see Sears go head-to-head with HBC and TJX-owned banners such as Saks Off 5th, Winners and Marshalls.
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