SEARS: PARKING AVAILABLE FOR LACK OF CUSTOMERS

We found this Sears commercial both amusing and a bit sad for the fact that it states "Sears always has parking." Despite the subsequent shopping spree, the reality is that Sears stores are struggling and more Canadian store closures are likely.

This Bloomberg news article indicates that Sears Canada may choose to close even more store locations. Sources tell us that Sears Canada is likely to announce substantial store closings and layoffs in the New Year, including more suburban store locations than may be initially expected. Sources also indicate that Sears Canada could be sold to a large Canadian retailer in 2014, and we'll update you more when we are better able to confirm this.

(Thank you 'Skeezix' of Urban Toronto for posting this article)

[Sears Canada website]