The chain came under fire this week after a report from Dejardins Securities flagged showed how its market share has declined precipitously since 2005.
With competition for its hardware and appliance departments from Home Depot, Lowe's and Rona and Canadian Tire's purchase of the Foranzi Group's sporting goods and apparel business, fewer product categories remain available for Sears Canada to dominate as before.
And a further threat is expected to come from the other American stores that have recently planned northern expansions.
The potential disruption comes some 60 years after Sears first crossed the border. Now, the likes of Target and J. Crew have confirmed their first Canadian locations, with Macy's rumoured to follow.
Compared to competitors which have promised a specific vision for their new markets, the Chicago-based parent company has been criticized for heeding little attention to Canada.
TheRead More »from Will Sears department stores survive the Canadian invasion of other U.S. chains?