NEEPAWA, Man. — Rural Canadian shoppers may see some changes in their retail landscape. On June 22, Sears Canada filed for bankruptcy. This isn’t necessarily the end though, the once storied retailer said it expects to remain in business, restructure and come out of bankruptcy protection later this year. In its filing, the company said it needed time to let the impact of changes made earlier this year take effect. They were given 30 days of protection from creditors.
TORONTO – Sears Canada said Tuesday there is “significant doubt” about its future and it could sell or restructure itself, the latest sign of how the retail sector is being upended by the rise of online shopping.
The retailer, known for catalogues that were a staple in the homes of generations of Canadians, saw its shares plummet by 39 per cent to 70 cents on the Toronto Stock Exchange minutes after the opening bell.
TORONTO – Hudson’s Bay Co. announced Thursday it is eliminating 2,000 jobs throughout North America to help offset various challenges it’s facing within the retail sector, which has been beset by store closures with the advent of online shopping.
The retail giant said the layoffs are intended to save $350 million annually once the plan is fully implemented by end of fiscal 2018. Some of the layoffs were previously announced in February, the company said.
WINNIPEG — A charitable initiative launched by Outlet Collection Winnipeg during their grand opening ceremony last month has provided $10,000 to Manitoba Mutts Dog Rescue Inc.
The charity was chosen as the voters’ charity of choice as part of the “You Care. We Share.” campaign. Winnipeggers submitted votes both online and in-person, which were then narrowed down to select the top three charities.
Here’s what open, closed or operating on a reduced schedule for Victoria Day, Monday, May 22.
All civic offices are closed on Monday, May 22, 2017.
Kildonan Place — Open 11 a.m. to 6 p.m.
Grant Park — Open 12 p.m. to 5 p.m.
Cadillac Fairview — Open 11 a.m. to 6 p.m.
St. Vital Centre — Open 11 a.m. to 6 p.m.
Outlet Collection — Open 9 a.m. to 6 p.m.
Showing off shiny new washrooms complete with combo wash/dryer faucets may not sound like a big deal. However, for Kildonan Place customers, the loo area ranks high on the list of recent additions made at the 37-year-old-shopping mall.
“You’d be amazed at how excited people are, including our tenants, that another set of washrooms are a part of this expansion to the mall,” said Kildonan Place general manager Sandra Hagenaars. “We’ve only ever had one set of washrooms here, and having this is really significant,” she chuckled.