retail news in context, analysis with attitude

• In Canada, CBC News reports that Brandon Stranzl has stepped down from his day-to-day responsibilities as executive chairman of Sears Canada so that he can focus “on putting together a bid to buy the company and keep it going once it emerges from its current restructuring.”

Sears Canada is closing 60 stores and laying off almost 3,000 employees as it restructures its business.
KC's View: