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Sears Canada, Inc.

 
Hoover's Profile: Sears Canada, Inc.
(Toronto:SCC)
Contact Information
Sears Canada, Inc.
222 Jarvis St.
Toronto, Ontario M5B 2B8, Canada
Tel. 416-362-1711
Toll Free 800-747-0644
Fax 416-941-4793

Type: Public
On the web: http://www.sears.ca
Employees: 32,626
Employee growth: (12.5%)

Sears Canada is proof that American institutions aren't limited to the US. One of the biggest Canadian department store retailers, the company operates 120-plus stores that sell home fashions, appliances, and apparel. In addition to supplying about 170 independently-owned stores with appliances, home electronics, and garden goods, Sears Canada runs about 50 furniture and appliances stores, a dozen outlet stores, and the largest catalog business in Canada. It also sells merchandise online. The company's services include home repair, floor covering, and travel agencies (about 105 offices). US-based Sears Holdings owns a majority of Sears Canada's shares and has dropped its bid to acquire the rest ... for now.

Key numbers for fiscal year ending January, 2009:
Sales: $4,661.1M
One year growth: (26.5%)
Net income: $234.6M
Income growth: (24.2%)

Officers:
Chairman: William C. Crowley
President, CEO, and Director: Dene L. Rogers
SVP and CFO: Allen R. Ravas

Competitors:
Canadian Tire
Hudson's Bay
Wal-Mart Canada

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