Sears to close in Red Deer

Sears restructuring to be better positioned in marketplace

aSears in Red Deer is among 59 stores that Sears Canada says it will close as part of the ailing company’s restructuring plan.

On Thursday Sears Canada announced it will close 20 department stores, that includes the Red Deer store, as well as 15 Sears Home Stores, 10 Sears Outlets and 14 Sears Hometown locations.

Sears customer Ken Fox, of Red Deer, said he wasn’t surprised by the closures because there were rumours about the company’s difficulties last year and there have been so many sales.

Fox, who picked up a pair of shoes marked 40 per cent off, said there are plenty of sales right now at the Bower Place store.

Shopper Carmen Tayles, of Red Deer, said she was going to miss the store and wondered why the company doesn’t return to focusing on being a catalogue company to help it compete in today’s retail market.

“That’s kind of the same thing as online shopping,” Tayles said.

“It’s been good. Good appliances and good service.”

Fox said he grew up with the Sears catalogue.

“My mother, with 12 kids, she relied on the Sears catalogue to do all her Christmas and whatever shopping she did,” he said.

Shopper Joanne Crook, of Sylvan Lake, said she likes Sears and now she’ll have to find somewhere else to shop.

Management at the Red Deer store said any statements about the closure had to come from head office. Sears Canada did not respond to the Advocate’s request.

About 2,900 jobs will be cut from Sears retail staff and from corporate head office in Toronto.

Headquartered in Toronto, Sears Canada operates 225 stores in all, including 95 department stores, 65 Sears Hometown stores, and 23 Sears Home Stores.

The closures were announced after the Ontario Superior Court of Justice granted the department store chain temporary protection from creditors under the Companies’ Creditors Arrangement Act (CCAA).

The company plans to continue operating throughout the restructuring and said it intends to emerge as a leaner, more focused operation better able to compete in the hyper-competitive retail industry.

The 30-day court protection from creditors will give it some “breathing space” as it tries to revamp its business. The court also authorized Sears Canada to obtain up to $450 million in financing to maintain operations.

Other Alberta stores that will close include department stores in Medicine Hat, Grande Prairie and Lloydminster; and Hometown stores in Cold Lake, St. Albert, Okotoks, Spruce Grove, Fort McMurray, Leduc and Sherwood Park: and Sears Home Stores in Calgary and Edmonton.

(With files from CANADIAN PRESS)

Just Posted

Accused murderer’s story questioned

Jason Klaus spends day being cross-examined by lawyer for co-accused Joshua Frank

Red Deer Royals extend fundraising deadline for St. Joseph fieldhouse project

Fundraising chair says it’s a tough slog raising money in this economy

Red Deer seeks public input on coming changes to sign bylaw

A half-kilometre buffer zone could separate billboards in Red Deer under proposed… Continue reading

Innisfail man injured in home invasion

Police say the injury was non life-threatening

Credentials questioned man at Remembrance Day services

Veterans are crying foul after an alleged faker posed as a former… Continue reading

VIDEO: Red Deerians taste what the city has to offer

Red Deerians sampled some of the finest foods Central Alberta restaurants have… Continue reading

Volunteer with victim services in Red Deer

Learn more at info session on Nov. 27

Updated: Missing Sylvan Lake women found

Women were reported missing earlier this week

Liberals propose billions for affordable housing, including individual benefits

A Liberal government fond of promising help for those working hard to… Continue reading

Alberta Party sees growth in Central Alberta

Greg Clark addressed health care needs addressed in Red Deer

Ponoka council freezes Ponoka Fire Department spending

All discretionary spending frozen until full budget numbers are presented

WATCH: Ponoka’s Festival of Trees sees continued support

Three days of celebration and fundraising held at the Calnash Ag Event Centre

Creationist will speak at home-schooling convention in Red Deer

Ken Ham has debated Bill Nye on the Earth’s origins

Most Read


Five-day delivery plus unlimited digital access for $185 for 260 issues (must live in delivery area to qualify) Unlimited Digital Access 99 cents for the first four weeks and then only $15 per month Five-day delivery plus unlimited digital access for $15 a month