ORILLIA, ON, May 17, 2013 /CNW/ - Today Sears Canada Inc. (TSX: SCC) has unveiled its latest Hometown concept store in Orillia, with a new 25,000 square-foot location, the largest independently owned and operated Sears location in Canada.

TORONTO - Struggling Sears Canada Inc. has reduced its expenses by $100-million in the past two years and aims to shave another $100-million to $200-million from its fixed costs in the next couple of years, chief executive Calvin McDonald said Thursday.

TORONTO, April 25, 2013 /CNW/ - Sears Canada Inc. (TSX: SCC) announced today that the nominees listed in the management proxy circular dated March 14, 2013 were elected as directors of Sears Canada.

Struggling Sears Canada Inc. has reduced its expenses by $100-million in the past two years and aims to shave another $100-million to $200-million from its fixed costs in the next couple of years, chief executive Calvin McDonald said Thursday.

Department store retailer Sears Canada Inc is determined to follow through on its turnaround efforts and operate as a retailer, it will look at opportunities as they arise to sell operations and even stores, chief executive officer Calvin McDonald said ...

Its biggest holdings are American International Group Inc (NYSE:AIG), Bank of America Corp (NYSE:BAC), Sears Holdings Corp (NASDAQ:SHLD), The St. Joe Company (NYSE:JOE), and Leucadia National.

In Toronto, First Capital Realty holds its annual meeting, the Teranet-National Bank National Composite House Price Index releases its April results and Sears Canada will release its first-quarter results. In New York, Canadian Pacific CEO ... In ...

Retailer Sears Canada Inc. (SCC.TO) eased 0.20 percent after it said it launched its latest Hometown concept store in Orillia, with a new 25,000 square-foot location.

Sears' middle-income shoppers have been hit hard by the economy's woes, and investors will want to know if the 2 percent payroll tax increase that took effect in January is slowing consumer spending.

Hamel has more than 20 years experience in IT and said he meets all or most of the qualifications for the positions. Since 2005, he's been laid off by Sears and another employer, because of outsourcing and downsizing. Recent Canadian job market ...