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Sears Canada Inc modifies store structure; announces staff reduction


Wednesday, 29 Jan 2014 04:30pm EST 

Sears Canada Inc:Says that it is modifying its store structure to improve efficiency and increase the effectiveness of the chain of communication between management and the store associate teams within the stores.Says it will eliminate primarily a mid-tier level of leads within its full-line stores, resulting in an average reduction of five associates per store.Says there will also be an alignment of the regional and head office structures to reflect the new store model, and also to improve efficiency in Sears other formats and to align with the size of the business.Says this will result in a staff reduction of 624 associates. 

Company Quote

10.67
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27 Nov 2014