The Traderszone Network

Published in TZ Latest News 13 June, 2017 by The TZ Newswire Staff

‘Retail Apocalypse’ Moves North As Sears Canada Admits Its Future Is In "Serious Doubt"

The retail apocalypse that has caused the closing of thousands of department stores in the US – not to mention the evaporation of tens of billions of dollars in market capitalization – is moving north: Sears Canada revealed Tuesday that it’s exploring a sale or a possible restructuring as it draws nearer to bankruptcy. In an admission that shouldn’t come as a surprise to anyone who has ever shopped online, Sears Canada said it has “significant doubt” that it can conti

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