Sears to close Medicine Hat Mall store amid creditor protection plan
Collin Gallant reports Sears Canada will shut its Medicine Hat flagship after 37 years as part of a restructuring, seeking court protection while a plan of arrangement is crafted. The move targets about 59 stores nationwide and 2,900 jobs, with local shoppers wary of impacts on the mall redevelopment and nearby economy.
MENTIONED IN THIS ARTICLE
Medicine Hat
Sears Canada
Ontario
Canada
Emma Bennett
Sears
Sears exit saddens shoppers in Medicine Hat store closure
Shoppers like Bernie McKay and Wendy Melnik lament the Sears closure as brisk retail traffic shifts to Walmart and Superstore. Analysts cite rising overhead and failed modernization while Roy Finlay notes long- term detours from the brand. Former CEO Mark Cohen calls the move a lack of future vision.
MENTIONED IN THIS ARTICLE
Medicine Hat
Medicine
Roy Finlay
Sears
Wendy Melnik
Walmart
Mark Cohen
Cohen
Columbia University
Senate budget vote leaves right to amend money bills unsettled
In Ottawa the Senate passed the budget implementation bill without amendments 50-33 but sent a constitutional note to the House of Commons asserting its right to amend money bills. The Commons had rejected Senate amendments insisting only the elected chamber can decide budget matters.
MENTIONED IN THIS ARTICLE
Senate
Ottawa
Trudeau
House of Commons
The
Commons
Adrian Wyld
Bardish Chagger
Chagger
Justin Trudeau
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