“Department stores have been suffering challenges for some time now,” said Marty Weintraub, who leads Deloitte’s national retail consulting practice for Canada. Sears Canada, for instance, has seen its store count sink over the last few years. In January 2011, it had 181 department, Sears Home and outlet shops. The retailer, along with the Bay, are the survivors of a business model with an entrenched history in Canada. Simpsons, Woodward’s and Eaton’s are just a few of the chains on a growing list of companies that have come and gone.

Source: thestar June 14, 2017 17:03 UTC