Sears Canada Inc.
SRSCQ
Other OTC0.00
USD
- -
- -
Sears Canada Inc.
SRSCQ
(Other OTC)
Recent
price
0.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Sears Canada Inc. operates as a retail company offering a wide range of products and services primarily through its department and specialty stores across Canada. The company’s core product offerings include apparel, footwear, bedding, furniture, jewelry, beauty products, appliances, housewares, tools, electronics, and toys. Beyond retail merchandise, Sears Canada provides extensive home-related services such as installation, maintenance, and repair for heating and cooling equipment, roofing, flooring, and customer drapery. It also operates Sears Home, appliances, mattresses, outlet, and travel stores, as well as a nationwide repair and service network supported by over 2,100 technicians and contractors. Sears Canada historically maintained a large catalog business and e-commerce platform but experienced significant operational reductions in recent years. Founded and headquartered in Canada, Sears Canada has undergone major changes recently, including filing for bankruptcy protection in late 2023 followed by a significant contraction of its retail footprint. By late 2025, the company operates only five remaining stores, with experts suggesting these are unlikely to revitalize the brand. The parent influence of Eddie Lampert and Sears Holdings Corporation led to strategic shifts focusing on cost-cutting, real estate sell-offs, and failed reinvestment in the core business. The company’s attempts to sustain operations appear to be largely symbolic, possibly for tax loss purposes or due to lease realities, with no clear path to profitability or business revival. There have been no recent new product launches or expansions, and the company is primarily focused on managing legacy operations and store liquidations. Sears Canada's market presence and organizational scale have diminished dramatically compared to its peak in the early 2010s. Sears Canada targets general consumers across Canada seeking one-stop shopping for home goods, apparel, and appliances through its multi-channel retail formats combining physical stores, online sales, and catalog ordering. Its business segments include general merchandise retailing, specialty and home service offerings, and logistics and repair services. Although the company previously operated hundreds of stores and specialized outlets, its latest operational footprint has contracted due to financial distress and strategic retrenchment. Sears Canada remains recognized for its broad product assortment and extensive service offerings, although recent structural changes have critically reduced its retail operations and market influence, leaving it transitioning through a diminished phase of its historic brand presence in Canadian retail.