Sears Canada granted OK to liquidate remaining stores

FILE – In this July 21, 2017 file photo, customers enter and leave the Sears store in St. Eustache, Quebec. Sears Canada has received court approval to liquidate all its remaining stores, putting 12,000 employees out of a job. Ontario Superior Court heard Friday, Oct. 13, that despite weeks of discussion, no viable buyer has been found. Justice Glenn Hainey approved Sears Canada’s motion to liquidate its remaining 130 stores, and said he was satisfied there was no viable alternative. (Ryan Remiorz/The Canadian Press via AP, File)

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