Sears: City stares job losses, dead retail space

101117-no_object-237837219-Sears_-_03-W.jpg: A shopper leaves the east exit of Sears at Devonshire Mall on Oct. 11, 2017.© Dax Melmer, Windsor Star
A shopper leaves the east exit of Sears at Devonshire Mall on Oct. 11, 2017.

Nearly 180 people will have lost their jobs by the time Sears Canada shutters its two Windsor locations.

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The bankrupt company wants the employees, who won’t receive any severance or buyouts, to stay on for the next several months to help sell off merchandise.

The closure of Sears is also potentially a serious problem for Devonshire Mall, which could be left with a massive dead zone in a prime anchor retail space.

“It’s a sad day for Devonshire and its customers, and it’s particularly sad for the employees at Sears,” said Chris Savard, the mall’s general manager. “That was a really strong team and we know that the Windsor store was a good store for Sears, and sadly they got caught up in a bigger challenge. It’s a good team here in Windsor and we’re sad to see them leave.”

Sears Canada announced Tuesday it is seeking court approval to close all of its roughly 130 stores, which would put about 12,000 people out of work. There are 155 employees, including 124 part-time workers, at the full-line Devonshire Mall store. Every one of them will lose their job.

“Unfortunately,

Article source: http://www.msn.com/en-ca/money/topstories/sears-closure-could-mean-large-job-losses-retail-dead-space-in-windsor/ar-AAtjN98?srcref=rss