Sears Canada Inc SRSCQ

Consumer Cyclical Department Stores

Sears Canada Inc. (Sears) is a Canada-based multi-channel retailer company. The Company operates through merchandising segment. Its merchandising operations include the sale of goods and services through its retail channels, which includes its full-line, Sears Home, Hometown, Outlet, Corbeil Electrique Inc. (Corbeil) stores and its direct (catalogue/Internet) channel. Its services include home improvements, such as carpet and duct cleaning, installation and assembly of products purchased at Sears stores, custom window coverings, windows and doors, and heating and cooling; product repair services, such as servicing of items covered under Sears Protection Plan, cash calls, as well as in-warranty service for select Kenmore, Craftsman and national brand products, and protection agreements, such as single or multi-year coverage on appliances, electronics, vacuums, lawn and garden, fitness, and heating, ventilating and air conditioning, and accident protection for furniture and mattresses.

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Sears Canada Inc

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Post by extremeriskon Jan 10, 2017 4:32pm

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Post# 25690836

hbc reports

Reported bad results for USA and Europe however Canada was up 1.2 percent. This augers well for sears Canada. They have less stores however same store sales should go up in q4. Last Q4 was week. Also financing started in November and do see them marketing it in stores now. Positive same store growth plus another staff cut should right this ship. Lots of complaints with new on line website but that is growing pains they will work out. SLH is one of best transport companies out there and they own 100 percent of that. Sum of the pieces for sears Canada is very large number.

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