Sears Canada - a history
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Start DateEnd DateHeadlineTextMediaMedia CreditMedia CaptionMedia ThumbnailTypeTag
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9/7195312/31/1953 0:00:00Simpsons-Sears opensSears Roebuck Co. of Chicago and Robert Simpson Co. of Toronto collaborate to create Simpsons-Sears. The first retail store opens in Stratford, Ont. Earlier that year, the first Spring/Summer Catalogue is launched.http://www.sears.ca/wcsstore/Sears/images/content/corporate-info/about/history/history_1953_en.jpgSears
title
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1/1/1963 0:00:0012/31/1963 0:00:00First Quebec store opens Fleur de Lys store in Quebec Cityhttp://www.sears.ca/wcsstore/Sears/images/content/corporate-info/about/history/body_1963.jpgSears
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1/1/1976 0:00:0012/31/1976 0:00:00No. 1Simpson-Sears becomes the biggest general retailer in Canada
http://www.sears.ca/wcsstore/Sears/images/content/corporate-info/about/history/body_1974.jpgSears
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1/1/1984 0:00:0012/31/1984 0:00:00Name change
Simpsons-Sears Limited changes to Sears Canada
Inc
http://www.thestar.com/content/dam/thestar/business/2013/11/26/sears_canada_to_lay_off_nearly_800_people/sears.jpg.size.xxlarge.promo.jpgThe Canadian Press
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1/1/1985 0:00:0012/31/1985 0:00:00Now open on SundaysSupreme Court of Canada strikes down Ontario's "Lord's Day Act," declaring that it was
contrary to the freedom of religion guaranteed by the new Charter of Rights.
http://www.sears.ca/wcsstore/Sears/images/content/corporate-info/about/history/body_1985.jpgSears
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1/1/1991 0:00:0012/31/1991 0:00:00First lossCompany posts first net loss of $28 millionhttp://www.sears.ca/wcsstore/Sears/images/content/corporate-info/about/history/body_1989.jpgSears
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1/1/1998 0:00:0012/31/1998 0:00:00Enter the wwwSears shopping goes online
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1/1/1999 0:00:0012/31/1999 0:00:00Huge dealSears buys Eaton's (and in 2000, drops the apostrophe)http://www.sears.ca/wcsstore/Sears/images/content/corporate-info/about/history/body_2000.jpgSears
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1/1/2002 0:00:0012/31/2002 0:00:00A step backSears renames the former Eatons location to the Sears brand in 2002 after failing to relaunch the historic company
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1/1/2006 0:00:0012/31/2006 0:00:00Parent company blockedSears Holdings Corp. blocked from taking over Sears Canada and its storeshttp://www.thestar.com/content/dam/thestar/business/2013/11/25/sears_holdings_reacts_to_new_york_post_story/lampert.jpg.size.xxlarge.letterbox.jpgEddie Lampert, current CEO of Sears Holdings Corp.
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1/1/2008 0:00:0012/31/2008 0:00:00Recession hits

Hit by recession, revenue is $5.733
billion (down from $6.326 billion the previous year)
http://www.thestar.com/content/dam/thestar/business/economy/2014/01/17/does_sears_have_a_future_in_canada/searsturn1.jpg.size.xxlarge.letterbox.jpg
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1/1/2011 0:00:0012/31/2011 0:00:00Promise of profit

Sears Canada operates 196 stores across the country and its new CEO says the chain can significantly
increase its sales and profitability.

http://www.thestar.com/content/dam/thestar/business/2013/09/24/sears_canada_ceo_leaves_in_midst_of_company_restructuring/calvin_mcdonald_departing_ceo_of_sears_canada.jpg.size.xxlarge.promo.jpgThe Canadian PressCalvin McDonald
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1/1/2012 0:00:0012/31/2012 0:00:00CutbackSears Holdings Corp. reduces its stake in Sears Canada by nearly half to 51 per cent from 95 per cent.http://www.thestar.com/content/dam/thestar/life/fashion_style/2014/02/26/sears_failed_because_it_lacked_its_own_style/main_sears_closing.jpg.size.xxlarge.letterbox.jpgThe Canadian Press
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1/1/2013 0:00:0012/31/2013 0:00:00Good-bye Eaton centreSears pulls plug on Eaton Centre store. Begins to kill thousands of jobs. http://www.thestar.com/content/dam/thestar/news/gta/2014/02/24/eaton_centre_sears_closes_its_doors/sears_closing.jpg.size.xxlarge.letterbox.jpgCarlos Osorio/ Toronto Star
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5/14/2014 0:00:00Sears Canada on the blockSears Holdings is considering selling its Canadian operations as the retailer continues with efforts to turn around its business.http://www.thestar.com/content/dam/thestar/business/2014/05/14/sears_considering_selling_its_canadian_operations/searscanada14.jpg.size.xxlarge.letterbox.jpgThe Canadian Press
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