Description: Sears Canada is poised to be an agent of chaos for the retail industry this holiday shopping season, as the the prospect of deep discounts looms large over competing big box stores. While the company’s planned liquidation is sure to reverberate through the industry heading into year’s end, a pair of retail experts say the only certainties it brings are instability and uncertainty.
Source: BNN.com – video report
Date: Oct 13, 2017
Questions for discussion:
- What does this report suggest about financial obligations to employees?
- How might the liquidation of Sears Canada affect labour negotiations in this and other industries?