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Sears Canada’s chances of survival are slim, analyst says: It’s ‘now or never’ | Financial Post

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CPG Connect | Status: is encouraging members to get involved i... Read more
Posted in June
David Friend, The Canadian Press | June 26, 2015 2:40 PM ET

TORONTO — Time is running out for struggling department store chain Sears Canada to improve its financial results and the chances of survival are slim, says one retail analyst.

Keith Howlett of Desjardins published a report Friday saying it’s “now or never” for the money-losing company to make headway on a turnaround that has dragged on for several years with little progress.

http://business.financialpost.com/news/retail-marketing/sears-canadas-chances-of-survival-are-slim-analyst-says-its-now-or-never
 

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