Sears Canada History

Here’s a look at the history of Sears Canada: 1952 — Simpsons-Sears is founded as a national mail-order business, as part of a partnership between the Robert Simpson Company of Toronto and Sears Roebuck Co. of Chicago. September 1953 — Simpsons-Sears opens its first store in Stratford, Ont. 1973 — The company opens its first

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Breaking Liquidation News: 2016 Store Closings

#EPICLiquidation Big box retail, department stores, clothing and shoe stores, office supplies, sporting goods, and book stores alike are seeing less in-store sales. The latest List of 2016 store closings has been released below. 400    Office Depot / Office Max (by 2016) 223    Barnes & Noble (through 2023) 200    Children’s Place (through 2017) 200    Walgreens (by 2017) 175    Aeropostale

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How to liquidate a company

What is liquidation? Liquidation (or “winding up”) is the process by which a company’s existence is brought to an end. First, a liquidator is appointed, either by the shareholders or the court. The liquidator represents the interests of all creditors. The liquidator supervises the liquidation, which involves collecting and realizing the company’s assets (turning them

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Liquidation Industry Breaking News

Goodbye Danier- The company is currently being liquidated. BreakingLiquidationNews Store closing sales started Tuesday March 8th at the remaining Danier Leather stores and outlets in Canada. The retailer entered insolvency proceedings last month as it attempted to find a buyer. The liquidators say in addition to their current inventory, the stores are receiving new shipments from

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Store Closing Tsunami- 2015 Full List of Closing Retailers

    Liquidators will have a VERY Busy year- Official Store Closing Prospect list.     About EPIC Liquidation World EPIC Liquidation World liquidates consumer merchandise through Liquidation Events, GOB Store Closings, Auctions & Appraisals. The Company solves asset recovery problems in a professional manner for the financial services industry, insurance companies, manufacturers, wholesalers and

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Canada’s Retail Exodus

Here’s who’s closed stores in Canada Source-The Canadian Press | 2015 Target Canada isn’t the only retailer closing its doors in Canada. On Thursday, Sony announced it was shuttering stores in the country. They add their names to a growing list of retailers who have recently closed some stores or are closing altogether in Canada.

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A Strategy For Store Liquidation

EPIC Liquidation WorldBY JULIA HANNA- HBS Alumni It’s an unhappy yet unavoidable fact: Sometimes, retail chains go out of business. Moreover, even healthy chains periodically must close down some existing stores. When stores have to be liquidated—when “everything must go”—a series of decisions must be made, and made quickly. In a recent working paper, doctoral

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