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    Recent Posts

    Recent Articles

    Target announces Starbucks as coffee retailer for Canadian stores (Starbucks Newsroom)

    Loblaws launching loyalty program to coincide with Target entry (Globe and Mail)

    Zellers reviews options for outlets ‘left behind’ (Globe and Mail)

    Canadian malls are the Target of expansion(Montreal Gazette)

    Sobeys and Target: a winning combination (Financial Post)

    Target’s rejected sites in high demand by rival retailers (Globe & Mail)

    Walmart, Canadian Tire in Target's crosshairs (Financial Post)

    What we can expect: Tony Fisher talks about Target Canada (Financial Post)

    Target’s Canadian foray hits cost hurdle (Globe & Mail)

    Announcement of which Zellers are to convert coming by end of May? CTV

    "Death of Canadian retail greatly exaggerated" Rona CEO (Financial Post

    Impact on Canadian Tire (Financial Post)

    Canadian Retail Industry Viewpoints (Profit Magazine)

    Main | Sears Canada CEO Douglas Campbell resigns after one year in the job »
    Tuesday
    Sep302014

    Sears store dealers denounce changes that leave them ‘doomed to financial ruin’

    David Halsey didn’t envision spending his retirement years working as a sales associate at Canadian Tire.

    But it’s where the former Sears Hometown store dealer has ended up after walking away from his unprofitable Lindsay, Ont. store a year and a half ago.

    “At 67 I’m working for $11 an hour,” Mr. Halsey chuckles.

    “You do what you have to do. We used all of our retirement savings and we sold our house, sold all of the trucks we had for deliveries. We had to get rid of everything and we took a loss on it, but we had no income.”

    To view full article, click here.

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