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Sears Canada Gets Court Approval to Begin Liquidation Sales on July 21

Sears Canada Gets Court Approval to Begin Liquidation Sales on July 21

By Ambia Staley

Sears Canada has officially been given approval to start the liquidation process in the 59 stores it plans to close this Friday.

Last week, it was reported that the struggling department store retailer had submitted a motion to the Ontario Superior Courts to start the liquidation process starting on July 21 and ending by October 12, and that motion had now been approved.

As reported last week, most of the liquidation sales are expected to be handled by a third-party liquidator, with the exception of 14 independently owned Hometown dealer stores, which are expected to handle their own sales.

The following stores are slated for closure and will begin liquidation sales this Friday:

Sears Full-Line

  • Grande Prairie, AB
  • Medicine Hat, AB
  • Lloydminster, AB
  • Red Deer Relocation, AB
  • Kamloops Aberdeen Mall, BC
  • Bathurst, NB
  • Saint John, NB
  • Corner Brook, NL
  • Dartmouth, NS
  • Truro Mall, NS
  • Brockville, ON
  • Sault Ste. Marie, ON
  • Alma, QC
  • Chicoutimi, QC
  • Drummondville, QC
  • Hull, QC
  • St. Georges de Beauce, QC
  • Moose Jaw, SK
  • Prince Albert, SK
  • Regina, SK

Sears Hometown

  • Cold Lake, AB
  • Ft. McMurray, AB
  • Leduc, AB
  • Okotoks, AB
  • Sherwood Park, AB
  • Spruce Grove, AB
  • St. Albert, AB
  • Creston, BC
  • Grand Forks, BC
  • Sechelt, BC
  • Orangeville, ON
  • Rimouski, QC
  • Rouyn-Noranda, QC
  • Melville, SK

Sears Outlet

  • Abbotsford Retail, BC
  • Winnipeg Garden City, MB
  • Halifax Outlet, NS
  • Cambridge, ON
  • Chatham, ON
  • Cornwall, ON
  • Timmins, ON
  • St. Eustache, QC
  • Montreal Place Vertu, QC
  • Sorel, QC

Sears Home Stores

  • Calgary, AB
  • Edmonton Skyview, AB
  • Ancaster, ON
  • Kingston, ON
  • London, ON
  • Orillia, ON
  • Ottawa East, ON
  • Scarborough, ON
  • Sudbury, ON
  • Windsor, ON
  • Woodbridge, ON
  • Laval, QC
  • Quebec City, QC
  • St. Bruno, QC
  • Ste. Foy, QC

Employees in the affected stores will be asked to continue working throughout the liquidation process. They are part of the 2,900 job cuts Sears announced late last month.

Last week, courts also gave Sears permission to look for potential buyers while under creditor protection. A day later, it was also announced that Sears executives and senior management will receive a total of $9.2 million in retention bonuses during the liquidation process, while most laid-off employees will receive no severance. However, Sears did agree to keep paying pension and benefits for its retired employees through September 30 of this year.

While liquidation sales will start in the 59 affected stores July 21, so far there has been no word on exactly what discounts will be offered.

Are one of the Sears locations near you closing? Do you plan on checking out any of the liquidation sales? Let us know in the comments!

Showing 40 Most Recent Comments

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    • Anyone know when the Cambridge location closes for good?
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    • Went to the one in Sault Ste Marie last week-end. Got a wicked 24mm Deep Socket for 60% off. Went to the in Gatineau on Friday, same crap., No more tools left though so the fambam got some nicknacks & I got a new King Blanket for $20 80% off've $99., not bad. Best part was hitting up Pataterie Hulloise for the biggest Poutine in Quebec. Really hit the spot. So long corrupt Sears branches.
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    • Liquidation when?
      For now, visit the third floor of the Scarborough Town location. Most inventory is 50% off the red sticker. While some items may have been marked up, many sweaters, shirts etc are at a greatly reduced price.
      If you are not fussy about colour, you can get a fall jacket for $20, (including the 50% off, plus tax) but you'd be stuck with pumpkin orange or florescent green. (Men's)
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    • Sears is dying by inches soon to join Eatons, BuyWay...
      It wasn't Buy way.

      Image

      FYI Giant Tiger is doing quite well today, and their stores are formatted similar to the layout of Biway.
      Dylex (former owner of BiWay) fell into their own troubles long before the internet could bite into their bottom line...
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    • Liquidation when?
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    • Sears is dying by inches soon to join Eatons, BuyWay, Consumers Distributing, Shop Rite, Knob Hill Farms, Sam the Record Man & Bargain Harolds in the retail dust bin of history. They are a victim of the changing pattern of shopping.
      The only reason Home Depot and Lowes are safe - who is going to wait a week for a plumbing/electrical part ordered on line? And who is going to buy 2x4's on line?

      One company that I detest and wish would die - Crappy Tire.
    • Report Post
    • Didn't FS just suddenly close? Since they aren't completely closing out, its possible to move inventory if needed or maybe have a massive liquidation @ a specific location (like FS did).
      Was at Scarborough town, mostly shoes and sears clothing on sale. Branded items such as Levi's, Haggar, etc ere all regular sale price as per flyer. Demo appliances had a little price reduction and an over-inflated reg. price, so it seems you were going to get a deal. Anyways the appliances were so badly beat up and parts missing i would even bother wasting time, The bottom floor had appliance but current models at reg prices. There was a section it the store for items to be transferred to another store I'm guessing either Pickering Oshawa since these store are to remain open at least for now.

      Anyways i will miss Sears lot. i have purchase a lot of appliances, clothing, tools, garage door openers, etc at Sears. It was usually my first place to go to for hopping amd now its gone due to incompetent Management. If management only would have tried to run the business instead of draining its assets, as well has focusing on their employees espically training and giving them goals for sales achievement, I feels Sears would be in a much better place now. Oh and one more thing if your business is not focused on on line shopping then maybe you should be in bankruptcy (another mgmt decision)
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    • any deals on matresses?
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    • It does not say the additional stores will close tomorrow but it does not say they don't or give a date.
      How crazy can they be, announce closing Saturday and sell all merchandise by Sunday, thats not likely. That said perhaps those stores will just have their merchandise shipped elsewhere.
      Didn't FS just suddenly close? Since they aren't completely closing out, its possible to move inventory if needed or maybe have a massive liquidation @ a specific location (like FS did).
    • Report Post
    • It does not say the additional stores will close tomorrow but it does not say they don't or give a date.
      How crazy can they be, announce closing Saturday and sell all merchandise by Sunday, thats not likely. That said perhaps those stores will just have their merchandise shipped elsewhere.
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    • Even at 90% their deals were not great, mostly only the display cases left for sale (some where okay priced though none met my needs)
      My favourite was this well priced chair, @ 90% off (it says 90% in red but the glare in the price tag is unfortunately situated)
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    • Now the deal is now 60 to 80 % and most stuff were home decoration ... 5 days left
      I hope It will help you
    • Report Post
    • What's the deal now?
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    • I know its one of the closing stores (as referenced by my various posts in this thread), i am saying it does not say outlet store on their sign and they seem to carry the same stock as a regular store. If the sales people did not tell you the appliances are refurbished then you would not know, and the sticker prices are not even discounted, all the tags list the regular inflated Sears price for non refurbished appliances then the clearance discount on that which is why i did not buy, they started out with a 20% discount on a regular price on a refurbished item which was more expensive then a sale price on a new item. They expected suckers to pay more for refurbished then new :facepalm:
      Only now are the discounts matching what the items are actually worth...
      It's not an outlet store in the same vein as the dumpy ones in Brampton and Mississauga, but more of a hybrid like The Bay in the same mall. Some outlet stuff, some regular stock.

      Anyway, it's not worth arguing about. :)
    • Report Post
    • I know its one of the closing stores (as referenced by my various posts in this thread), i am saying it does not say outlet store on their sign and they seem to carry the same stock as a regular store. If the sales people did not tell you the appliances are refurbished then you would not know, and the sticker prices are not even discounted, all the tags list the regular inflated Sears price for non refurbished appliances then the clearance discount on that which is why i did not buy, they started out with a 20% discount on a regular price on a refurbished item which was more expensive then a sale price on a new item. They expected suckers to pay more for refurbished then new :facepalm:
      Only now are the discounts matching what the items are actually worth...
    • Report Post
    • Cambridge was an outlet store, not surprised.
      It is?
      Looks like a regular Sears store except the fact there are human customers inside since the closing announcement.
    • Report Post
    • I was told that too, at 70% i would consider a washing machine
      Why would a big box store sell 90% of their appliances as refurbished, its no wonder Sears is dying, they haven't any brain cells.
      Cambridge was an outlet store, not surprised.
    • Report Post
    • The stores closing not all Sears stores are closing. They are only going to sell the floor stock.
      The store i speak of is one of the closing stores
    • Report Post
    • I was told that too, at 70% i would consider a washing machine
      Why would a big box store sell 90% of their appliances as refurbished, its no wonder Sears is dying, they haven't any brain cells.
      The stores closing not all Sears stores are closing. They are only going to sell the floor stock.
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    • ok selection still over priced in my opinion since the salesperson told me most of the stuff if refurbished.
      I was told that too, at 70% i would consider a washing machine
      Why would a big box store sell 90% of their appliances as refurbished, its no wonder Sears is dying, they haven't any brain cells.
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    • Thanks, good selection still?
      ok selection still over priced in my opinion since the salesperson told me most of the stuff if refurbished.
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    • Was in a regular Sears this weekend (so not one slated to close)

      I bet it's close to 2 years since I've been in a regular Sears here in Canada (was in a Home Store earlier this summer, and still chek out Sears USA when we are stateside)

      First thing I noticed was how EMPTY the store was. Almost no customers, and lots of empty floor space vs crowded displays that I remember.

      We were at the mall, walking thru the store, so we were not there to buy anything... But I did read some price tags, and from what I saw there was enough selection & well priced items that I may make a trip back to see what's what.

      Gotta say that Sears actually surprised me.
      better hurry up and make that return trip as Sears will be fully closed before the snow melts. this Christmas season, when other stores are making money, and sears is empty, from the poor public image they have created for themselves. its really easy to blow millions in cash when you have no cash coming in.
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    • They were 60 percent off for appliances in Cambridge
      Thanks, good selection still?
    • Report Post
    • They were 60 percent off for appliances in Cambridge
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    • Anyone know if they are up to 60-70% on appliances yet?
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    • How much is the deal (%) now ?
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    • I figured the same, at a higher discount i would consider it.
      I might as well go to a used appliance store which i might do.
    • Report Post
    • It may Worth it at 85% but sears up the price so just compare with other stores
    • Report Post
    • I went to Sears and saw a washing machine i would consider, at 50% off it was tempting, then i found out its refurbished (sales guy said 90% of Sears washing machines are), floor model (no surprise) and (multiple) scratch and dent. I didn't buy it.
      One of the dryers had lint in the filter...

      Sears really thinks we are suckers :facepalm:
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    • You'll see a reduction in options for hosiery and name brands in clothing. The odd item in womenswear is actually appealing but you have to check the quality and pricing and try stuff on. It's weird to no longer see cosmetic counters, but shelves on casters instead with Clinique and another brand or two of cosmetics. Not a fan of the black moving racks on concrete floors-too Costco meets Target/Walmart store displays for me.

      Yes, I concur with the empty look of the stores. There are people-you have to look for them.

      Give yourself lots of time to line up at the centralized cash desks if there are other customers ahead of you.
      There was definitely more EMPTY space, a less cluttered look. More space between displays etc. What I would call a more streamlined look... I did not think it so much a lack of merchandise, so much as a more intentional staging plan.

      The store I was in the Cosmetic, Perfume & Jewellery counters / area remained as they always were

      As were the line ups at the Cashiers (not terribly busy)

      Like I said, it was a Regular Sears Store... Not one slated to close.
    • Report Post
    • Was in a regular Sears this weekend (so not one slated to close)

      I bet it's close to 2 years since I've been in a regular Sears here in Canada (was in a Home Store earlier this summer, and still chek out Sears USA when we are stateside)

      First thing I noticed was how EMPTY the store was. Almost no customers, and lots of empty floor space vs crowded displays that I remember.

      We were at the mall, walking thru the store, so we were not there to buy anything... But I did read some price tags, and from what I saw there was enough selection & well priced items that I may make a trip back to see what's what.

      Gotta say that Sears actually surprised me.
      You'll see a reduction in options for hosiery and name brands in clothing. The odd item in womenswear is actually appealing but you have to check the quality and pricing and try stuff on. It's weird to no longer see cosmetic counters, but shelves on casters instead with Clinique and another brand or two of cosmetics. Not a fan of the black moving racks on concrete floors-too Costco meets Target/Walmart store displays for me.

      Yes, I concur with the empty look of the stores. There are people-you have to look for them.

      Give yourself lots of time to line up at the centralized cash desks if there are other customers ahead of you.
    • Report Post
    • It was surely the last 1 or 2 Days were the sale is 80% to 90% that may explain for what is was empty
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    • Was in a regular Sears this weekend (so not one slated to close)

      I bet it's close to 2 years since I've been in a regular Sears here in Canada (was in a Home Store earlier this summer, and still chek out Sears USA when we are stateside)

      First thing I noticed was how EMPTY the store was. Almost no customers, and lots of empty floor space vs crowded displays that I remember.

      We were at the mall, walking thru the store, so we were not there to buy anything... But I did read some price tags, and from what I saw there was enough selection & well priced items that I may make a trip back to see what's what.

      Gotta say that Sears actually surprised me.
    • Report Post
    • Trophy,

      You're absolutely correct.
      It seems to me that if they weren't long for this world, their pricing tactics would ultimately be judged unlawfully deceptive.
    • Report Post
    • Waste of time. I happened to wander through the other day while needing to kill some time and noticed they had atleast 20 of these (one of the few things I have actually bought from sears in the past) and when I bought them around boxing day the set was about $50 or a little less. All the pricing is laughable.
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    • This is going into the store and looking. Waste of time but go and check for yourself?

      Is this just posturing or did you get an e-mail saying minimum 50% off?
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    • Got an email saying 50 to 70 off.
      $300 pillow for 70% off.....still not worth it.
      Thanks, i agree that overpriced junk is not worth it, but i know what i want and if its a better price then competitors i will buy it, if its inflated and still pricier i won't, i don't fall for fancy stickers, i compare prices.
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