Sears Canada Inc. (Sears) is a multi-channel retailer. The Company is engaged in the sale of goods and services through the Company's retail channels, which includes Sears Home, Hometown, Outlet, Appliances and Mattresses, Corbeil Electrique Inc. (Corbeil) stores, and its Direct (catalogue/Internet) channel. It is also engaged in product repair and logistics. The Company operates in two segments: Merchandising and Real Estate Joint Arrangements. The Company's Merchandising segment is engaged in the sale of merchandise and related services, including women's, men's and children's apparel, nursery products, cosmetics, jewelry, footwear, accessories, home furnishings and mattresses, home decor, lawn and garden, hardware, electronics, leisure, seasonal products, toys, floor care, sewing and major appliances. The Company's Real Estate Joint Arrangement segment includes the Company's joint arrangement interests in shopping centers across Canada, all of which contain a Sears store.