Wednesday, October 4, 2017

Sears Prince Rupert location to close

The Store Closing signs are up
at Prince Rupert's Sears location
The fall out from the ongoing financial troubles for national retailer Sears has reached Prince Rupert, with the local retail space and catalogue pick up store set to shut its doors later this month.

The Sears location currently at the city's Five Corners has been a long time fixture in the community, having been hosted at a number of locations over the years.

Over the weekend, Sears announced that it was planning to shutter 11 more of its large retail stores across Canada, with three major locations in British Columbia scheduled for closing.

With the closure of the retail stores, local storefront operations across Canada have also been feeling the decline of the Sears footprint and begun the process of closure.

A fixture at Five Corners for a number of years, the Prince Rupert
Sears location will be closing later this month

The Prince Rupert location currently is holding an inventory sale to try and move as much of their product out of the store before they close the doors to business at the local outlet for good.

Some background on the national side of the Sears situation can be found below:

Sears Canada time running out, chairman may not have time to strike deal: monitor
Time running out for Sears Canada, monitor says
Sears making plans for potential liquidation
Sears Canada seeking more time to close stores
Sears Canada Bankruptcy deals threaten to sink Chairman's bid
Sears Canada to see court approval for more time to close stores
Sears Canada sidelining bid to keep retailer afloat, executive chairman says

More notes on the business sector of the Northwest can be found on our archive page here.

Update: Local Sears outlet owners Sal Ferlaino and Richard McCluskey announced that the final day of business for the Prince Rupert location will be Saturday, October 28th.

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