• Sears Canada announced that its CEO, Calvin McDonald, has resigned, and will be succeeded by COO Douglas Campbell. McDonald is said to be joining an as-yet unnamed an international company.
The company says that the move comes "just as the department store chain restructures amid intensifying competition from U.S. retailers such as Target Corp and Wal-Mart Stores Inc ."
The company says that the move comes "just as the department store chain restructures amid intensifying competition from U.S. retailers such as Target Corp and Wal-Mart Stores Inc ."
- KC's View: