Sears Canada (SRSCQ) Stock Price, News & Analysis

Company Overview

Sears Canada, formerly one of the country’s largest department store chains, operated a network of full-line and specialty retail outlets throughout Canada. The company offered a broad assortment of merchandise, including apparel and footwear for men, women and children; home appliances and consumer electronics; tools and hardware; and home furnishings and décor. In addition to its brick-and-mortar presence, Sears Canada provided customers with online shopping options, catalog sales and home delivery services, reflecting its efforts to blend traditional retailing with e-commerce.

Over the years, Sears Canada expanded its brand portfolio through both in-house labels and partnerships with well-known names in fashion and home goods. Specialty formats such as Sears Home and Sears Travel sought to diversify the company’s revenue streams by focusing on home improvement services and vacation packages, respectively. Its financial services arm issued branded store credit cards and loyalty programs, designed to encourage repeat business and deepen customer relationships.

The company’s heritage dates back to 1952, when U.S.-based Sears, Roebuck & Co. purchased Simpson’s, a venerable Canadian department store founded in 1872. This acquisition marked the beginning of decades of growth in Canada’s retail sector. In subsequent years, Sears Canada adapted to shifting consumer trends by refurbishing store layouts, launching private-label brands and integrating online and offline shopping experiences. Despite these initiatives, rising competition and changing market dynamics ultimately led the company to seek creditor protection in 2017.

Headquartered in Toronto, Ontario, Sears Canada operated with a focus on customer service, supply-chain optimization and inventory management. At the time of its creditor protection filing, Bruce Johnson served as President and Chief Executive Officer, guiding the organization through a challenging retail environment. While its national store footprint has since been liquidated, Sears Canada’s legacy remains an important chapter in the evolution of Canadian retailing.

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• Average Volume: 150 shs
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SRSCQ Stock Analysis - Frequently Asked Questions

How do I buy shares of Sears Canada?

Shares of SRSCQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Consumer Cyclical
• Industry: Department Stores
• Sub-Industry: Retail
• Current Symbol: OTCMKTS:SRSCQ
• Previous Symbol: NASDAQ:SRSC
• CIK: N/A
• Web: www.sears.ca
• Phone: (416) 362-1711
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• Employees: 15,783
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• Optionable: Not Optionable
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