News Headline Summary

Globe and Mail writes "Sears (SHLD) Canada to lay off nearly 800 employees"

Sears Canada Inc. is letting go almost 800 employees as the ailing retailer works to improve its operations, raise cash and sell off assets, industry sources say.

Link: http://www.theglobeandmail.com/report-on-business/sears-canada-to-lay-off-nearly-800-employees/article15611972/

Reaction details:

- No immediate reaction see in co. shares; trades USD 64.72 last.

Print 19:52, 26 Nov 2013 - US Equities - Source: Globe and Mail