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Sears Canada Inc T.SCC

Sector: Consumer Cyclical | Sub-Sector: Department Stores
Alternate Symbol(s):  SRSC

Sears Canada Inc is a multi-format retailer. It is engaged in merchandising and sells goods and services through the Company's Retail channels, which includes its Full-line, Sears Home, Hometown Dealer, Outlet and Corbeil stores, and its Direct channel.
Price: $8.07 | Change: +$0.22 | %Change: +2.80%
Volume: 10,132 | Day High/Low: 8.25/7.94 | 52 Week High/Low: 16.85/6.99
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Strategic Alliance with Nygard

Sears Canada and Nygard Partnerships Enter Into Strategic Alliance to Install Nygard Slims Shops Across Canada I seem to recall a similar deal with Columbia Sportswear just a few years ago. Guess...read more
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RE:Target is outta here, who is next

Easy question. SEARS (It is about time)  rate and reply
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RE:Target is outta here, who is next

I am out. Took loss. Target news surprised me. They gave up pretty quick. Unfortunately the real estate play for Sears on hold now. Too much real estate for market to absorb. Shares tightly held so...read more
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Target is outta here, who is next

looks like retail sector will take a beating in the next few years if our resource based economy doesnt see oil bounce back.   Sears appears to only be able to make money if it is selling stores not...read more
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RE:Time to buy Sears Canada

One example is Eaton Centre lease. They still have 400000 square feet at $1 a foot until 2077. That is another 60 plus years to run. Conservative office or sales floor rent for yonge and Dundas of...read more
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Time to buy Sears Canada

Been in and out few times. Back in now. With spinoff concluded Lampert Berkowitz now have personal control. More assets to sell (or maybe whole company) and you get to keep proceeds for yourself. Also...read more
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RE:Warning to Sears Canada investors!

this would be showed as a liability and would be adjusted for such under unearned revenue when the item was said to be not in stock, if it is not then this is a serious violation of gaap  rate and reply
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Warning to Sears Canada investors!

Sears Canada does a (probably illegal) accounting trick . During the Black Friday week and after ---they are selling , online, merchandise that they do not have in stock, freudelently sayng it is in...read more
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Toast

wdr2  rate and reply
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RE:Bankruptcy

Rights offering has same effect as taking Sears Canada private. Risk with bankruptcy is someone may come along and offer higher price in a court supervised process. This way Lampert has control over...read more
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Bankruptcy

They could do a voluntary dissolution and than Lampert can buy it out of bankruptcy. Last year 6 leases sold for $600 million so dissolve now and buy back on the cheap and than liquidate all leases...read more
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rotflmao, sears up? dunkin donuts buying them?

hahaha, bull trap.  rate and reply