CANADA: Sears “to cut 400 jobs”
Retailer Sears Canada is cutting 400 jobs across the country as it closes nearly all of its in-store cafes, according to local reports.
The company is to shut all in-store cafes except for two flagship stores, one in Toronto’s Eaton Centre and the other in Vancouver’s Pacific Centre.
The reports said the company had also cut some support and head office staff, following the axing of 70 head office jobs late last year.
The job cuts are part of Sears Canada’s plan to revamp its operations, with the aim of improving efficiency and connecting better with its customers.
The reported announcement follows the news in December that Sears will close up to 120 Sears and Kmart stores in the US as part of a restructuring of its retail operations.
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