Stores in Nanaimo, Burnaby and Kelowna, as well as a Sears Home store in Kelowna, are among those for which the company has entered into lease surrender agreements and lease amending agreements. Other locations to be shuttered include those in Manitoba, Ontario, Quebec and Newfoundland, according to a press release issued Friday.
The latest list of locations to be closed represents 1,200 jobs that could be cut.
The news comes following the struggling company’s announcement earlier this year that it had applied for creditor protection and was undergoing restructuring in an attempt to stay afloat at a time when most shoppers would prefer to head online instead.
At the time of the announcement in June, the company’s stock had fallen about 80 per cent in the last year, forcing it to announce it would close 59 outlets across the country. Five locations in B.C. were included: Kamloops, Abbotford, Creston, Sechelt and Grand Forks.
The chain started in 1952 as a mail-order business and, at one point, boasted 94 department stores, 23 Sears Home stores and 10 outlets.