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- Sears Canada, which is separate from Sears’ business in the US, is liquidating all of its assets. As it closes stores, everything has gone on sale. The resulting photos are apocalyptic.
Sears is shuttering its Canadian locations – and the stores are descending into chaos.
Earlier in October, Sears Canada announced it would seek court approval to liquidate its remaining stores and assets in the nation.
Now, liquidators have taken over the locations. First, they bumped up the prices on items that were previously on sale, Consumerist reported. Now they’re dragging prices down until everything is gone.
The result is apocalyptic. Many Sears locations in the US are looking pretty shabby right now. But, as seen in photos published by Consumerist, even the worst Sears in America looks pretty good in comparison.
Here’s some of the worst carnage yet of the retail apocalypse.
Sears Canada liquidation sales began on October 19 and are expected to continue for 10 to 14 weeks.
Stores are covered in signs proclaiming that “EVERYTHING MUST GO.”
Good morning Canada. Today, we're following the story of a Canadian retail giant saying goodbye. After months of looking for a buyer for the business, #SearsCanada has announced plans to close all of its remaining stores. But what happens to the 12,000 people who will lose their jobs? Tune in to #YourMorning today, for more.
By the end of the weekend, everything had been marked down 20% to 50% at most Sears locations.
A #sad day for #retail in #canada …. #searscanada , a fixture on the #canadianretail scene for 64 years, is closing it's doors ????. Started out as #simpsonssears in 1953. Especially sad for me too, because I liked shopping there for #quality #clothing (and #lindt???? when the cravings hit!). Very sad for the thousands of employees across the country too. Seems the era of the #traditionaldepartmentstore is all but ending. It's either Costco or Wal-Mart or very high end like Holt's. #generalmerchants #defunct #canadianretailer #sears #goingoutofbusiness #chapter11 #defunctstores #departmentstores #malls #stilllifephotography ????➡???????????????????????????????????? …. ????????????????➡????➡INSTA ….
“This makes me so sad,” one Instagram user wrote, asking that shoppers be kind to employees working at clearance sales.
It’s the same signage that was used when Target closed down. This makes me so sad. We can talk about execs mismanagement and not changing with the times. But at the end of the day, these are just people that wanted to do the best job they could. I understand people like a bargain, but I’m sure the people that work there are asking: where were we all this time so that it didn’t have to come to this?? I’ve been there; please just be kind; these people don’t know where they are going or what they will do next. Make eye contact, smile. Don’t treat them like they don’t matter; don’t trash the store. It doesn’t help them move on. #RIP #searscanada #endofanera
Inside, stores are pure chaos.
Shoes are everywhere.
Kids could almost get lost in the mess.
At a Sears in Thornhill, Ontario, pillows had already been thrown to the ground on Day 1 of liquidation sales.
“I implore shoppers to show some common decency/respect for the employees and your fellow shoppers by not throwing EVERYTHING on the floor,” an Instagram user wrote.
#liquidation sales really bring out the best in humanity ???? I implore shoppers to show some common decency/respect for the employees and your fellow shoppers by not throwing EVERYTHING on the floor. And don’t sneak into the stockroom b/c you think items are being held back. #peoplearecrazy #showsomerespect #searscanada
“People are selfishly and greedily concerned with finding sizes and snagging discounted shoes rather than being considerate of their shared environment and other people,” wrote another Instagram user.
I am shocked to see such a sad example of disrespect towards this @sears_canada store in @metropolisatmet and its employees, as well as towards other shoppers. People are selfishly and greedily concerned with finding sizes and snagging discounted shoes rather than being considerate of their shared environment and other people. #SearsCanada #Sale #Discounts #Shoes #Shocked #Disappointed #Greed #Selfish #Selfishness #Materialism #Superficial #Mess
Sears has struggled to adapt to the rise of e-commerce in both Canada and the US.
In the US, Sears has announced plans to close more than 300 Kmart and Sears stores this year.
Сеть магазинов Sears закрывается. По магазину ходят толпы китайцев, которые сметают все на своем пути. Я никогда в жизни не видел, чтобы так дико относились к товару в магазине. Просто в шоке. . #Sears #sale #finalsale #дикость #дикари #хамство #Канада #Торонто #immigration #психолог #потребление #распродажа
Sears Canada was spun off in 2012 from Sears Holdings, which owns Sears’ US business.
Sears CEO Eddie Lampert dodged responsibility for Sears Canada’s failure in a blog post published on Sunday.
“ESL [Lampert’s hedge fund] disagreed with the aggressive and risky strategy to stimulate sales growth known as ‘Sears 2.0,'” Lambert wrote in his blog. “ESL believed that strategy was highly risky and unlikely to succeed.”
Source: Eddie Lampert’s blog