Sears Canada To Close 59 Stores In Monitored Restructuring

By Sophia Morris (June 22, 2017, 5:02 PM EDT) -- Sears Canada Inc. announced Thursday that it has obtained protections under Canadian law that will allow it to restructure its ailing business, with the retailer gaining relief from creditors but also saying it will close 59 stores and lay off 2,900 workers....

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