It’s confirmed, the newly renovated Sears store in Hamilton’s leading mall, CF Limeridge, will be closing for good.
The company announced that four stores in Ontario will be shuttered. These also include:
- Sears Oakville Place
- Sears Fairview Mall, North York
- Sears Scarborough Town Centre
The number of employees affected by the Sears restructuring now balloons to 4,100 with over 70 stores now on the way out.
The head of Sears Canada stepped down in order to put together a bid for the retailer.
Once a go-to for shoppers, Sears Canada has struggled in recent years despite efforts to change along with the shifting retail landscape.
The 143,640 square foot Sears space could provide redevelopment opportunity that could include adding retailers currently not available in Hamilton.
The Sears store occupies a prime location at the end of the mall adjacent to H&M.
Other anchors at CF Lime Ridge include Hudson’s Bay, Home Outfitters, and Sport Chek.
Reaction on Twitter wasn’t very positive:
Goodbye Sears at Limeridge, Now I can't cut through to the mall and will have to go around.
— Cameron Flagg (@Cam_Flagg) October 1, 2017
The way I see it, Sears closing is a good indication that old people are dying off. Nobody of my generation shops there, let's be honest.
— Shann (@CynSearly) October 2, 2017
Sears is closing at Oakville Place – it didn't even finish its renovations. Who makes bonehead decisions like that? #Oakville
— Laurence (@twinsen123) October 4, 2017
Loyal customers are worried about their appliance warranties:
@SearsAssist sears store closing up in St. John's, NL, what happens to my warranties I purchased on some appliances?
— Sharpe (@hardtimes_75) October 1, 2017