Liquidating a retail store Freebisexualdating
"After the first one or two people start saying 'well they're going to leave soon anyway,'" she said.
The retailer, which has been in business in Canada for more than six decades, has been trying to restructure itself under court supervision since earlier this summer.
Company chairman Brandon Stranzl had been trying to put together a bid to keep the company going while it restructured itself, but those efforts did not materialize into a plan that would have allowed the chain to continue, in the judge's estimation.
"I am satisfied that there is no other viable alternative," Justice Glenn Hainey said.
More than 12,000 people still work at the chain's roughly 130 remaining stores across Canada, which includes 74 Sears stores, eight Sears Home stores, and 49 Sears Hometown stores, which are independently owned and operated but affiliated with the company.
There are 26, with 11,220 stores affected and 138,134 employees.
They range from Blacks Leisure in 2008 to Brantano and BHS in 2016.The chain began with the purchase of the fourteen Canadian locations of American retailer Schulte-United, all of which were in Southern Ontario.Almost immediately, Zellers initiated an aggressive expansion strategy.Some of these companies recovered and came out of administration; some were bought by other businesses; some were sold as going concerns but changed their name; for some, the name was bought and this is still used, but under different ownership; and others ceased to exist.The presence of any business in this historical listing must not be taken to imply that it no longer exists, its name is not used or that such business, if still trading, is impaired in anyway.We have put the pre-2010 list of companies in administration into the Section on Previous Reports.