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Last C$7.85 CAD
Change Today +0.05 / 0.64%
Volume 28.8K
SCC On Other Exchanges
As of 4:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

sears canada inc (SCC) Snapshot

Previous Close
Day High
Day Low
52 Week High
09/15/14 - C$16.85
52 Week Low
07/29/15 - C$6.99
Market Cap
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Dividend Yield
Current Stock Chart for SEARS CANADA INC (SCC)

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sears canada inc (SCC) Details

Sears Canada Inc. operates as a multi-format retailer in Canada. The company operates in two segments, Merchandising and Real Estate Joint Arrangements. It operates department stores that offer women’s apparel, men’s and children’s apparel, nursery products, cosmetics, jewelry, footwear, and accessories; and home and hardlines, including home furnishings and mattresses, home décor, lawn and garden products, hardware products, electronics, leisure products, seasonal products, toys, floor care products, and sewing and other appliances. The company also operates home stores, which offer furniture, mattresses and box-springs, and appliances; and home improvement products, as well as provides online travel services and logistics services. In addition, it operates hometown stores that offer appliances, furniture, mattresses and box-springs, electronics, and outdoor power equipment; outlet stores that offer clearance merchandise; appliances and mattresses stores that provide appliances, mattresses, box-springs, and products of private labels; and a chain of appliance specialty stores under the Corbeil name. Sears Canada Inc. offers its products directly through telephone, mail, fax, and online at, as well as through its stores and catalogue agents. As of June 9, 2015, it operated a network of 167 corporate stores, 197 hometown stores, approximately 1,300 catalogue and online merchandise pick-up locations, 85 Sears Travel offices, and a repair and service network. The company was formerly known as Simpsons-Sears Limited and changed its name to Sears Canada Inc. in May 1984. The company was founded in 1952 and is headquartered in Toronto, Ontario. Sears Canada Inc. is a subsidiary of Sears Holdings Corporation.

19,000 Employees
Last Reported Date: 06/3/15
Founded in 1952

sears canada inc (SCC) Top Compensated Officers

Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: C$700.0K
Chief Operating Officer, Executive Vice-Presi...
Total Annual Compensation: C$600.0K
Senior Vice-President of Apparel & Accessorie...
Total Annual Compensation: C$412.5K
Interim Chief Information Officer and Senior ...
Total Annual Compensation: C$404.3K
Compensation as of Fiscal Year 2014.

sears canada inc (SCC) Key Developments

Sears Canada Inc. Announces Management Changes

Sears Canada Inc. announced that Ronald D. Boire will be departing from his position as President and Chief Executive Officer of the company at the end of the summer to pursue an opportunity in the United States. In order to provide enhanced leadership during the transition, Brandon G. Stranzl, Chairman of the Board of the Corporation, has been named Executive Chairman effective immediately.

Sears Canada Inc. Reports Unaudited Consolidated Earnings Results for the Thirteen Week Period Ended May 2, 2015

Sears Canada Inc. reported unaudited consolidated earnings results for the thirteen week period ended May 2, 2015. For the quarter, the company reported net loss of CAD 59.1 million against CAD 75.2 million a year ago. Adjusted LBITDA was CAD 50.5 million against CAD 58.1 million a year ago. Net loss per share basic and diluted was CAD 0.58 against CAD 0.74 per share a year ago. Revenue was CAD 697.2 million against CAD 771.7 million a year ago. Operating loss was CAD 63.0 million against CAD 100.5 million a year ago. Loss before income taxes was CAD 61.6 million against CAD 102.3 million a year ago. Net cash flows used in operating activities were CAD 136.1 million against CAD 228.4 million a year ago. Purchases of property, plant and equipment and intangible assets was CAD 5.2 million against CAD 10.5 million a year ago.

Sears Canada Inc. Unveils New Menswear Line

Sears Canada Inc. has teamed up with Wayne Gretzky, to launch a new line of casual menswear in fall 2015. This lifestyle collection of clothing will give men a neat, contemporary look centered on reinventing the classics.


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