Thousands jobless as Canadian retailer Sears declares bankruptcy

One of Canada’s largest retail chains, Sears, is shutting down after serving customers for more than 50 years.

One of largest retail chains in Canada, Sears, is shutting down after serving customers for more than 50 years.

The company declared bankruptcy last week and began selling off all of its assets. More than 12,000 people will lose their jobs.

 

Al Jazeera’s Daniel Lak reports from Stratford, Ontario.