Sears Canada is currently worthless say analysts

Despite optimism this week from Sears Canada executives analysts are not so sure

Steve Randall
Despite optimism this week from Sears Canada executives analysts are not so sure. Perry Caicco and Mark Petrie wrote in a research paper that the improvement in the last quarter for Sears was skewed by the exit of Target. They suggest that Sears focuses on areas where there is little competition from department stores but will still have to cut costs fast. 
 

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