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Not Final Curtain for Sears Canada CE; Company Reaffirms Presence

April 29, 2013

Contrary to reports on marketnews.ca and elsewhere on Thursday, Sears Canada is not exiting consumer electronics and window coverings, according to the company's V.P. of Corporate Affairs & Communications. In an exclusive interview Friday afternoon, Marketnews was informed of this by Vincent Power. "I hope to be speaking with you again about electronics for Black Friday, in November," says Power.

He strongly affirmed that Sears Canada stores are still very much in CE retailing. "One or two smaller stores are out of it," he states, "and in all stores it is reduced.

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