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.

by

    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.


    YOU MIGHT ALSO LIKE

    Learn what India's parties' symbols mean by drawing them

    Learn what India's parties' symbols mean by drawing them

    More than 2,300 political parties have registered for the largest electoral exercise in the world.

    Visualising every Saudi coalition air raid on Yemen

    Visualising every Saudi coalition air raid on Yemen

    Since March 2015, Saudi Arabia and a coalition of Arab states have launched more than 19,278 air raids across Yemen.

    Why did Bush go to war in Iraq?

    Why did Bush go to war in Iraq?

    No, it wasn't because of WMDs, democracy or Iraqi oil. The real reason is much more sinister than that.