Hundreds of Associates will be laid off!

Sears Canada has existed for over sixty years and kept going while Eatons, Simpsons, and the Bay went under. Now the future doesn't look so rosy with the liquidation of five major stores in major population centres. To quote a spokesperson, " On February 9th. hundreds of associates will be laid off." That's a fancy way of saying the word 'worker'. Call it what you will, unemployment equals hardship. A guy who doesn't mince words is Mark Cohen, Sears Canada CEO from 2001 to 2004, " The company in Canada has been treated like an ATM machine by its corporate owner." This is a Sears holding based in the US that declared the five stores unprofitable. In the retail wars there will be winners and losers like all capitalists competitions but in the end, it's the workers, or should we say associates, who will pay the price as always. John Ayers