Sears Canada Inc. Stock Company Profile

Description

Sears Canada Inc. operates as a multi-format retailer in Canada. It operates department stores that offer a range of merchandise, including apparel, home fashions, and appliances; home stores, which provide home furnishings, appliances, and home electronics; outlet stores that sell surplus merchandise; and dealer stores that appliances, home electronics, lawn and garden products, and display home furnishings. The company also provides product repair, travel, optical, income tax, home improvement, and insurance services, as well as wireless and long distance plans; and operates health food shops, portrait studios, and hair care centers. Sears Canada Inc. also sells its products through catalogue and Internet. As of July 25, 2016, it operated a network of 154 corporate stores, 106 hometown stores, approximately 1,100 catalogue and online merchandise pick-up locations, 82 Sears Travel offices, and a repair and service network. The company was formerly known as Simpsons-Sears Limited and changed its name to Sears Canada Inc. in May 1984. The company was founded in 1952 and is headquartered in Toronto, Ontario.