Fog Blog Business Log:

SEARS CANADA CLOSES ITS DOORS FOR A FINAL TIME TOMORROW JAN. 14TH AS THE FINAL SEARS STORES CLOSE FOREVER AS PICTURED HERE AT ERIN MILLS TOWN CENTRE IN TORONTO! Our Sears here in Saint John closed in September or so!~ Many malls will be scrambling, trying to fill the big space that most Sears occupied! Sears was the reason they built the Erin Town Centre Mall in 1989. Liquidation sales started at Sears’ 130 stores in Canada at the end of last October after the debt-saddled company, which started restructuring amid huge losses last June, received court approval to shut down all of its operations. Overall, 12,000 people lost their jobs when Sears became one of many casualties in the unforgiving retail landscape. Last Monday another 37 stores closed across the country.“We’ve lived in Canada for 50 years and have seen them all go one by one: Eatons, Marks & Spencer, Woolco, K-Mart,” said Brenda Lazenbury when she finally emerges from the discount bonanza.The couple is originally from England and shopped at Sears well before the Erin Mills mall and its anchor tenant both opened in 1989.“When we came here in 1968, this wasn’t here but there was always the Sears catalogue,” added her husband, a retired parts distributor for Ford Canada. Pictured below is the logos used by Sears from Simpsons- Sears to the present one before closing!