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Sears Home in Orillia on list of stores company to close

A total of 59 stores will close across Canada at a loss of 2,900 jobs
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A Sears department store is pictured in this file photo. Michael Purvis/Village Media

In a press release issued today, Sears Canada says its Sears Home store in Orillia is among those that are anticipated to close.

The company is closing 20 full-line stores, as well as 15 Sears Home, 10 Sears Outlet and 14 Sears Hometown stores.

As a result, some 2,900 positions will be cut across the retail locations and at Sears head office in Toronto.

Sears Canada announced today it is seeking court protection from its creditors in order to restructure its business.

"The specific timing of the store closings has not yet been finalized. All other Sears Canada stores and the Sears e-commerce website, www.sears.ca, continue to be open for business," said the press release.