An Ontario judge has approved Sears Canada’s request for a revised retention bonus plan for key head office staff and store managers who stay through its liquidation process. (photos: Toronto Star/CP)The retailer currently has 74 full department store locations, eight Sears Home Stores and 49 Sears Hometown stores, which all face closure. Wednesday is the last day Sears Canada will honour extended warranties as the retailer prepares to start liquidation sales Thursday. Sears Canada said earlier this week that only customers who bought a protection agreement within the past 30 days could get refunds from paying for extended coverage. Sears Canada also finds itself in court again Wednesday to approve retention bonuses for key employees to oversee the liquidation of the company.

Source: thestar October 18, 2017 12:14 UTC