Sears locations in Bathurst, Saint John among 59 stores closing
Sears Canada Inc. plans to close 59 locations and cut approximately 2,900 jobs as part of its plan to restructure its business under court protection from creditors.
Stores in Bathurst and Saint John are the only New Brunswick closures listed.
In total, the struggling retailer says it will close 20 full-line locations, plus 15 Sears Home stores, 10 Sears Outlet stores and 14 Sears Hometown locations.
The company was granted an initial order from the Ontario Superior Court of Justice under the Companies' Creditors Arrangement Act on Thursday.
Our newsroom has reached out to the manager of the Bathurst location for comment.
(With files from The Canadian Press)