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Sears Canada Inc. (SCC.TO)

Toronto - Toronto Delayed Price. Currency in CAD
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0.620.00 (0.00%)
At close: 3:59PM EDT

Sears Canada Inc.

290 Yonge Street
Suite 700
Toronto, ON M5B 2C3
Canada
416-362-1711
http://www.sears.ca

SectorServices
IndustryDepartment Stores
Full Time Employees15,783

Key Executives

NameTitlePayExercisedAge
Mr. Brandon Glen Stranzl CFAExec. Chairman3.04MN/A43
Mr. Billy WongChief Financial Officer and Exec. VP590.11kN/AN/A
Ms. Becky PenriceChief Operating Officer and Exec. Vice-Pres1.12MN/AN/A
Mr. Stephen ChampionExec. Vice-Pres of Real Estate & Strategic Opportunities2.71MN/AN/A
Mr. Michael GeddesSr. Vice-Pres of Merchandise Planning & Operations732.45kN/AN/A
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Sears Canada Inc. operates as a multi-format retailer in Canada. The company operates department stores that offer various merchandise, including women’s, men’s, and children’s apparel, as well as nursery products, cosmetics, jewelry, footwear, and accessories; and home furnishings and mattresses, home décor, lawn and garden, hardware, leisure, seasonal products, toys, floorcare, sewing, and various appliances. It also operates home stores, which provide furniture, mattresses and box-springs, and various appliances; hometown stores that offer various appliances, furniture, mattresses and box-springs, and outdoor power equipment; outlet stores, which provide clearance merchandise and surplus big-ticket items; and appliance specialty stores. In addition, the company offers a range of home services, such as carpet and duct cleaning, installation and assembly of heating and cooling equipment, custom window coverings, windows and doors, and other products purchased at its stores. Further, it provides logistics, product repair, travel, home improvement, insurance, and licensing services, as well as wireless and long distance plans. Additionally, the company operates optical centers and portrait studios; and catalogue and Internet channels. As of April 26, 2017, it had a network of 95 full-line department stores; 141 specialty stores comprising 26 Sears Home stores, 14 outlet stores, 69 Hometown stores, and 32 Corbeil stores; 62 Sears Travel offices; and approximately 800 merchandise pick-up locations for orders placed through the catalogue or online at sears.ca. The company was formerly known as Simpsons-Sears Limited and changed its name to Sears Canada Inc. in May 1984. Sears Canada Inc. was founded in 1952 and is headquartered in Toronto, Ontario.

Corporate Governance

Sears Canada Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.