Sears Holdings to Shed a Few Canadian Units
Home & Textiles Today Staff -- Home Textiles Today, August 1, 2013
As Target begins rolling out in Canada and with Nordstrom preparing to enter the market, Sears Holdings announced transactions related to three store leases - and raised the question of whether more may follow.
The company has signed a deal to sell the leases of two Sears Canada units - Yorkdale Shopping Centre in Toronto and at Square One Shopping Centre in Mississauga - back to their landlords for $191 million.
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