Misplaced Pages

Sears Canada

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.

A vice president or vice-president , also director in British English , is an officer in government or business who is below the president (chief executive officer) in rank. It can also refer to executive vice presidents, signifying that the vice president is on the executive branch of the government, university or company. The name comes from the Latin term vice meaning "in place of" and typically serves as pro tempore ( Latin : ’for the time being’) to the president. In some countries, the vice president is called the deputy president . In everyday speech, the abbreviation VP is used.

#561438

103-597: Becky Penrice ( executive vice-president & chief operating officer ) Sears Canada Inc. was a publicly-traded Canadian company affiliated with the American-based Sears department store chain. In operation from 1952 until January 14, 2018, and headquartered in Toronto , Ontario, the company began as Simpsons-Sears —a joint venture between the Canadian Simpsons department store chain and

206-699: A 1911–1914 demolition that dismantled the Chinatown. Peter Wing , the first ethnic Chinese mayor in North America, was elected in 1966 and served three terms as the Mayor of Kamloops. In the 1880s the Kamloops' Chinese Cemetery was founded in Kamloops, the only one in the province dedicated to Chinese pioneers, It is one of the largest cemeteries in the province, but the last interment was made there in

309-537: A 2021 population of 97,902, it is the twelfth largest municipality in the province. The Kamloops census agglomeration is ranked 36th among census metropolitan areas and agglomerations in Canada with a 2021 population of 114,142. Kamloops is promoted as the Tournament Capital of Canada . It hosts more than 100 sporting tournaments each year (hockey, baseball, curling, etc) at sports facilities such as

412-810: A 27% stake in Sears Canada. In April 2013, the company began to scale back some of its product offerings, dropping electronics and window coverings, and making toys online-only. In September 2013, Douglas C. Campbell took over as Sears Canada's COO . The following month, Sears Canada announced that it would close five of its major urban stores and sell them back to their respective landlords, including its flagship Toronto Eaton Centre location, as well as two other locations in Toronto, one in London, and one in Richmond, British Columbia. Campbell explained that "Unlocking

515-483: A 9% increase from 2015 (1.64 million). Tourism's economic ROI is immense. A$ 1.8 million destination marketing budget returned $ 449 million in economic benefit in 2017.The annual Direct Visitor Expenditure is estimated at $ 270 million, a 19% increase from 2015 ($ 227 million). Further, the total estimated tourism economic impact was $ 449 million in 2017, a 32.4% increase from 2015 ($ 339 million). Tourism generates many types of income for

618-549: A catalogue desk. the 'D' stores were phased out in the early 1960s. Small stores, denoted 'S.S.' and serving similar markets to the original 'D' Stores, were introduced in the 1980s. In latter decades, stores have been classified by more descriptive terms, such as 'Select,' 'Core', and 'Small.' When Hometown Dealer Stores were introduced, they mirrored the assortments of the early 'D' stores. In 1971, adjacent to its new Kenmore Catalogue Service Centre in Toronto, Simpsons-Sears opened its first new concept "Clearance Centre", to assist in

721-483: A change of 8.4% from its 2016 population of 90,280. With a land area of 297.93 km (115.03 sq mi), it had a population density of 328.6/km (851.1/sq mi) in 2021. At the census metropolitan area (CMA) level in the 2021 census, the Kamloops CMA had a population of 114,142 living in 47,102 of its 50,235 total private dwellings, a change of 10% from its 2016 population of 103,811 . With

824-414: A company, these individuals are sometimes differentiated with titles denoting higher positions such as executive vice president or senior vice president, with the remaining management team holding the title vice president. The title of assistant vice president or associate vice president is used in large organizations below vice president and there can be a very convoluted list of other types of VPs as seen in

927-543: A displayed selection of big ticket merchandise, along with the convenience of a local Catalogue counter, to consumers not near larger Sears stores nor other large retail firms. Stores of this format were operated predominantly in partnership with local community franchisers. In 1995, Sears Canada launched a chain of specialty stores called "Sears Whole Home" in order to better showcase its home decor offerings. Furniture stores were located in power centres. they were renamed "Sears Furniture and Appliances" stores in 1999, to reflect

1030-550: A focus on low cost and e-commerce. On June 13, 2017, citing "material uncertainties" over whether the company would have enough cash flow to meet its financial obligations over the next year, and "significant doubt as to the company's ability to continue as a going concern", Sears Canada announced that it had hired advisors to explore a potential restructuring or sale of the company. On June 22, 2017, Sears Canada received court protection from its creditors and announced that it had commenced court-supervised restructuring proceedings under

1133-516: A land area of 5,654.08 km (2,183.05 sq mi), it had a population density of 20.2/km (52.3/sq mi) in 2021. According to the 2021 census , religious groups in Kamloops included: Religion in the City of Kamloops (2021) Kamloops historically had a Chinatown on Victoria Street where most ethnic Chinese lived. John Stewart of the Kamloops Museum and Archives stated it

SECTION 10

#1732764783562

1236-574: A nationwide repair and service network. The company also published a general merchandise catalogue until the last quarter of 2016 and offered shopping online at sears.ca until October 19, 2017. After filing for creditor protection in June 2017, Sears Canada announced it would close 20 full-line locations, 15 Home stores, 10 Outlet stores, and 14 Sears Hometown stores. The closings resulted in 2,900 employee layoffs. These stores officially closed on Sunday, October 1, 2017. In September 2017, Sears Canada announced

1339-493: A new corporate logo, consisting of a black wordmark and a red outline of a maple leaf, to replace the blue striped wordmark that had previously been used by the U.S. Sears chain. Company representatives described the new logo as being "bold" and "confident". In its second quarter earnings report, Sears Canada announced that it was developing a new store concept dubbed "Sears 2.0", which it planned to test at several of its current locations. In September 2016, Sears officially unveiled

1442-593: A new store format with a more "engaging" layout. In 2012, Sears sold three stores in Calgary, Ottawa, and Vancouver ( Chinook Centre , Rideau Centre , and Pacific Centre ) back to Cadillac Fairview for $ 170 million. Sears also sold its Deerfoot Mall location in Calgary, as well as its locations at Square One Shopping Centre and Yorkdale Mall . Sears Holdings also distributed shares in the company to Sears Canada's shareholders, reducing its holdings to 51%. Sears Holdings Corporation's chairman and CEO, Edward Lampert, has

1545-515: A part of the bankruptcy protection process, Corbeil was sold to Am-Cam Électroménagers Inc., headquartered in Montreal, for an undisclosed amount. Am-Cam is the parent company of Distinctive Appliances and the sale was completed in December 2017. Vice president In government , a vice president is a person whose primary responsibility is to act in place of the president on the event of

1648-598: A partnership between their two companies in order to serve the Canadian market. The deal to create Simpsons-Sears Limited, a Canadian catalogue and department store chain separate from the Simpson's chain, was signed on September 18, 1952. The new company would be a 50–50 partnership; Simpsons and Sears both invested $ 20 million and had equal representation on Simpsons-Sears' board of directors. The new company had two main objectives: to expand Simpson's mail-order business (which

1751-512: A selection of over 500 products. In 2016, the company launched Initium, an initiative to overhaul existing legacy platforms into a new cohesive, functional, adaptable and user-friendly online retail enterprise for consumers. This new site provided for omni-channel availability of orders, integrated logistics and improved search and checkout experiences for customers. In a related move, Sears Canada entered into an agreement with CGI to support Sears strategy to reengineer its technology platforms, with

1854-524: A seven-store upscale mini-brand, with locations in Vancouver, Victoria, Calgary, Winnipeg, Toronto (Eaton Centre and Yorkdale) and Ottawa, all of which had been flagship Eaton stores. At Yorkdale and Winnipeg's Polo Park , this meant that Sears Canada managed two anchor stores (Eatons and Sears) in those malls for a short time. This operation was unsuccessful, however, and Sears converted the Eatons stores to

1957-505: A significant obstacle by ruling three major shareholding blocks ineligible to vote as the blocks were given extraordinary privileges by Sears Holdings Limited. On November 14, 2006, Sears Holdings' move to privatize Sears Canada at a bid of $ 17.97/share fell through by voting amongst the minority shareholder groups. On March 31, 2005, the majority ownership stake was transferred to Sears Holdings , which then owned 73.1% of Sears Canada common shares, while Pershing Square Capital held 17.3%, and

2060-550: A similar program. Simpsons-Sears began operating full-line (department) stores in 1953. Internally, these have been classified by size, volume, and the extent of merchandise selection. In the early decades, classifications were based on a letter designation, mirroring founding American parent, Sears, Roebuck, and Co.: 'A' Stores were large full-line stores, 'B' stores were smaller full-lines, serving more-mid-sized markets, while 'D' stores were early stores serving small markets, normally offering mostly hard-line and home departments, with

2163-525: A trader sent from Fort Astoria , then still a Pacific Fur Company post, spent a winter with the Secwépemc people. In May of the following year, trader Alexander Ross established a post, which was known as "Fort Cumcloups". The rival North West Company established Fort Shuswap nearby in the same year. The two businesses merged in 1813 when the North West Company bought the operations of

SECTION 20

#1732764783562

2266-647: A traders' camp by a pack of wolves. Other legendary versions recount a huge white wolf, or a pack of wolves and other animals, that were moving overland from the Nicola Country and were repelled by a single shot by John Tod, then Chief Trader. This prevented the wolves from attacking the fort and earned Tod a great degree of respect locally. Kamloops is in the Thompson Valley and the Montane Cordillera Ecozone. The city's centre

2369-495: Is the case in India and Namibia , but the presence of both offices concurrently is rare. In business , "vice president" refers to hierarchical position that ranges from extremely senior positions directly reporting to C-level executives (in non-financial companies), to junior non-management positions with four to 10 years of experience (in financial companies). In non-financial businesses, vice presidents often report directly to

2472-400: Is 36, above 35 °C (95 °F) is 8 days. Although Kamloops is above 50° north latitude , growing seasons are long, with hot periods every summer under dry and sunny weather. Daytime humidity often drops below 20% during dry periods, which allows for substantial nighttime cooling. Occasional summer thunderstorms can create dry-lightning conditions, sometimes igniting forest fires which

2575-441: Is destroying universities. "Corporate vice president" is an older term that usually denotes a vice president that is named as a corporate officer by the board of directors. Not all vice presidents in a company in the modern business environment are named as an official corporate officer. Depending on the specific organization, the following may be an example of the hierarchy of the vice presidents. The following list explains where

2678-513: Is in the valley near the confluence of the Thompson River's north and south branches. Suburbs stretch for more than a dozen kilometres along the north and south branches, as well as to the steep hillsides along the south portion of the city and lower northeast hillsides. Robert W. Service in 1904 described Kamloops as his delightful life and wrote "Life was pleasant, and the work was light. At four o'clock we were on our horses, riding over

2781-592: Is the anglicized version of the Shuswap word " Tk'əmlúps ", meaning "meeting of the waters". Shuswap is still spoken in the area by members of the Tk'emlúps Indian Band. An alternate origin sometimes given for the name may have come from the native name's accidental similarity to the French " Camp des loups ", meaning "Camp of Wolves"; many early fur traders were ethnic French. There are folk stories about an attack on

2884-659: The Companies' Creditors Arrangement Act , which would include closure a total of 59 stores (including 20 department stores, 15 Sears Home stores, 14 Sears Hometown stores, and 10 Sears Outlet stores) over an unspecified time period. These closures resulted in the loss of 2,900 employees. The company had also been reducing its product assortment to have a larger focus on fashion and home decor, downplaying its automotive, electronics, and tool businesses. The company stated that its new strategies and positioning were "starting to resonate with consumers", citing increasing same-store sales over

2987-604: The Rockies and Columbia Mountains into the Interior . Kamloops has the third mildest winter of any non-coastal city in Canada, after Penticton and Kelowna . The coldest months are December and January, when the mean temperatures are −2.0 °C (28 °F) and −2.7 °C (27 °F). That average sharply increases with an average maximum temperature of 3.9 °C (39 °F) in February. Between November and January

3090-753: The Thompson River in Kamloops, and east of Kamloops Lake . It is located in the Thompson-Nicola Regional District , whose district offices are based here. The surrounding region is sometimes referred to as the Thompson Country . The city was incorporated in 1893 with about 500 residents. The Canadian Pacific Railway was completed through downtown in 1886, and the Canadian National arrived in 1912, making Kamloops an important transportation hub. With

3193-514: The Tournament Capital Centre , Kamloops Bike Ranch, and Tournament Capital Ranch. Logging, beef cattle, vegetable farming, transportation, viticulture, health care, tourism, and education are major contributing industries to the regional economy and have grown in recent years. Thompson Rivers University (~25,000 students) was established as Cariboo College in 1970. The first European explorers arrived in 1811. David Stuart ,

Sears Canada - Misplaced Pages Continue

3296-536: The Vice President of the United States , for example, often attends funerals of world leaders on behalf of the president . A vice president, in some cases, may also be appointed by the president as the head of a ministry in the cabinet or to lead certain executive initiatives designated by the president. In parliamentary or semi-presidential systems, a vice president may coexist with a prime minister, as

3399-424: The president or CEO of the company and are members of the executive management team. Some corporations that use this term may have individuals with the title of vice president responsible for specific business divisions (e.g., vice president for legal, vice president for sales and marketing, vice president for finance, and vice president for human resources). When there are typically several vice presidents in

3502-820: The 1860s and the construction of the Canadian Pacific Railway , which reached Kamloops from the West in 1885, brought further growth. The City of Kamloops was incorporated in 1893 with a population of about 500. In 1908 due to the Tuberculosis Pandemic a sanatorium was opened west of the city named King Edward Memorial Sanatorium, the sanatorium was later acquired by the provincial government in 1921, being renamed to Tranquille Sanatorium , it later closed in 1958. The Tranquille Institution reopened in 1959 to treat people with mental problems it later closed in 1983. In 1967, Kamloops amalgamated with

3605-503: The 1960s. In 2013 the provincial government announced it would begin a consultation process to discuss wording of a formal apology to Chinese in B.C. for past wrongs. Joe Leong, president of the Kamloops Chinese Cultural Association, said he believed that the province should build a museum to honour Chinese history in the province, as a way to recognize the contributions of the people. As Kamloops had

3708-481: The 25-mile restriction and permit Simpsons and Simpsons-Sears stores anywhere. The following year Simpsons-Sears opened a store at Square One Shopping Centre in the city of Mississauga , approximately 30 km (19 mi) west of Toronto. To avoid confusing customers used to Simpsons, new stores were opened under the "Sears" banner. All existing Simpsons-Sears stores were rebranded to the Sears banner as well. However,

3811-541: The American Sears chain—which operated a national mail order business and co-branded Simpsons-Sears stores modelled after those of Sears in the U.S. After the Hudson's Bay Company purchased Simpsons in 1978, the joint venture was dismantled and Hudson's Bay sold its shares in the joint venture to Sears; with Sears now fully owning the company, it was renamed Sears Canada Inc. in 1984. In 1999, Sears Canada acquired

3914-532: The Future" in 1983. It represented a complete transformation and remodelling of stores along a new product-focused and customer-friendly merchandising program. The first remodelled store, in Mississauga, Ontario, was unveiled in 1985. Stores would be fully retrofitted over the following three years. The Sears Catalogue Club points program began in 1986. The next year, it changed to "Sears Club" to incorporate all

4017-485: The Hometown stores was managed by their franchisees. The move to close Hometown stores was criticized by several of their owners. The owners of five Alberta dealers reported that most of their locations were still profitable, and stated that due to the restructuring proceedings, they were losing compensation prescribed by their contracts with Sears if the retailer terminates them early. Amid the restructuring, Sears Canada

4120-663: The Indians". In October a newspaper in Victoria reported an eyewitness account from Fort Kamloops, saying The Indians have been nearly exterminated at [Kamloops]: only sixteen have escaped out of a large settlement. Their bodies are strewing the ground in all directions. About two-thirds of the Secwepemc died during the epidemic. In the aftermath, colonists took over traditional lands of the Secwepemc and many other indigenous groups throughout British Columbia. The gold rush of

4223-572: The Kamloops area during the summer of that year, decimating the Secwepemc, Nlaka'pamux, and other indigenous peoples. They had no acquired immunity. The epidemic had started in Victoria and quickly spread throughout British Columbia, especially among First Nations. In June 1862, indigenous people went to Fort Kamloops seeking smallpox vaccine , William Manson, chief clerk at the fort, vaccinated numerous persons, but fatalities were extremely high. In late September he reported "smallpox still raging amongst

Sears Canada - Misplaced Pages Continue

4326-657: The Kamloops area include primary resource processing such as Domtar Kamloops Pulp Mill, Tolko-Heffley Creek Plywood and Veneer, New Gold Inc - New Afton Mine, and Highland Valley Copper Mine (in Logan Lake ). Four major highways join in Kamloops, the BC Highway 1 ( Trans-Canada Highway ), the Coquihalla Highway ( BC highway 5 south of the city), the Yellowhead Highway (BC Highway 5 north of

4429-484: The Pacific Fur Company. In 1821, the Hudson's Bay Company merged with the North West Company, and the post became known commonly as Thompson's River Post, or Fort Thompson. Later it was known as Fort Kamloops. The post's Chief Traders kept journals, which document a series of inter-Indian wars and personalities for the period, in addition to the daily business of the fur companies and their personnel along

4532-496: The Sears brand in 2002. Many said that the Eatons stores were too upscale and/or too thinly scattered across the country for the mini-chain to have ever been profitable and worthwhile. The retail environment has changed with more of the population shopping at big box outlets and specialty stores squeezing out the middle market which is the base of the traditional department store. In 2005, Sears Card financial services were outsourced to JPMorgan Chase . Sears received C$ 3 billion for

4635-599: The Simpsons name disappeared from Canada's retail landscape. As a result of this move, Sears Canada took over eight former Simpsons and Bay stores and finally gained a major foothold in Greater Toronto, a market from which it had been excluded by the 1952 agreement with Simpsons. These new stores featured a new 60:40 fashions; hardlines mix and introduced new boutique shop arrangements and fashion lines, such as Le Chateau, Sung, and Rouie. Sears announced, "The Store of

4738-566: The Southern Interior with 239 acute beds and an additional 20 more beds upon completion of the expansion in 2016. Thompson Rivers University (TRU) serves a student body of 25,754 including a diverse international contingent mainly from Asian countries. Thompson Rivers University, Open Learning (TRU-OL) is the biggest distance education provider in British Columbia and one of the biggest in Canada. Heavy industries in

4841-535: The Toronto and Montreal stock exchanges on April 5, 1965, with the listing of its Class “A” non-voting shares. That year, Sears began its long-standing partnership with the Boys and Girls Clubs of Canada, to support its youth programming. In 1968, Simpsons-Sears became the first Canadian retailer to begin buying products from Mainland China . In 1971, Simpsons-Sears opened a new head office building in downtown Toronto. In 1972, Simpsons and Simpsons-Sears agreed to end

4944-716: The Town of North Kamloops . In 1973, Kamloops amalgamated with the Districts of Brocklehurst , Dufferin, the Town of Valleyview , and the Kamloops Indian Band , and the communities of Dallas, Campbell Creek, Barnhart Vale, Heffley Creek, Rayleigh, Westsyde and Knutsford. In 1976, the Kamloops Indian Band split from the City of Kamloops. In May 2021, an anthropologist announced she had used ground-penetrating radar to find "probable" graves containing

5047-459: The VP sits in an organization: This comparison is not strictly correct, as director is a legal term, meaning someone registered with the relevant country's company registrar (or simply named in the legal documents, for countries not having company registration) as having managerial control of the company, and having legal responsibility for its operation, whilst a vice president does not. In either case

5150-749: The addition of major appliances. In 2003, the Furniture and Appliances stores were renamed "Sears Home" stores. This change was intended to reflect their broader appeal for customers seeking a one-stop experience for re-making their home decor. The stores' product line was expanded to include home-installed products and services such as floor coverings, customer drapery, and other installed home related products in many locations. In 2004, new off-mall specialty formats were introduced, including four Sears Appliances and Mattresses stores and two Sears (Floor) Coverings Stores. In 1998, Sears Canada's website, sears.ca, became an active channel, allowing customers to order from

5253-439: The approximately 130 remaining locations and assets. Sears Canada received Ontario Superior Court approval on October 13, 2017, since there was no viable buyer for the operation; the liquidation process was expected to be completed in 10 to 14 weeks after the beginning of liquidation on October 19, 2017. The closure of all operations led to a loss of nearly 12,000 jobs, of which roughly three-quarters were part-time employees. Since

SECTION 50

#1732764783562

5356-492: The area experiences abundant cloud cover due to a continual series of Pacific coastal Low Pressure systems crossing British Columbia, reducing the annual sunshine output, despite very sunny summers. The average number of days where the minimum temperatures drops below −10 °C (14 °F) per year is 19 as recorded by Environment Canada .The average number of days where the Maximum temperature goes above 30 °C (86 °F)

5459-867: The area is prone to. Kamloops lies in the rain shadow leeward of the Coast Mountains and is biogeographically connected to similar semi-desert areas in the Okanagan region, and a much larger area covering the central/eastern portions of Washington , Oregon and intermontane areas of Nevada , Utah and Idaho in the US. These areas of relatively similar climate have many distinctive native plants and animals in common, such as ponderosa pine ( Pinus ponderosa ), big sagebrush ( Artemisia tridentata ), prickly pear cactus ( Opuntia fragilis in this case), rattlesnakes , black widow spiders and Lewis's woodpecker . The highest temperature ever recorded in Kamloops

5562-416: The band lands before re-entering the city limits to access the northernmost communities of Rayleigh and Heffley Creek . Kamloops is surrounded by the smaller communities of Cherry Creek, Pritchard , Savona , Scotch Creek , Adams Lake , Chase , Paul Lake, Pinantan and various others. Officially recognized neighbourhoods within the city of Kamloops. Informally recognized sub-areas are listed beneath

5665-487: The bylaws of a club specifically provide of the officer title of president-elect , that officer would assume the powers and duties of the president upon vacancy of that office only if specified in the bylaws. Kamloops Kamloops ( / ˈ k æ m l uː p s / KAM -loops ) is a city in south-central British Columbia , Canada, at the confluence of the North and South Thompson Rivers , which join to become

5768-562: The city) and BC Highway 97 , making it a transportation hub and a place which attracts business. There are over 50 trucking and transport companies located in Kamloops that ship across Canada and into the United States. Both the Canadian Pacific Railway and the Canadian National Railway service Kamloops with both lines running through the city. Kamloops welcomed 1.8 million visitors in 2017,

5871-514: The closed stores were sold until January 26, 2018. Sears Canada began its operations as Simpsons-Sears Limited , a catalogue and mid-market suburban retailer that was a joint venture between the Robert Simpson Company Limited , a Canadian department store chain, and Sears, Roebuck and Co. of the United States. In 1952, Sears Chairman General Robert E. Wood sent a letter to Simpsons President Edgar G. Burton, proposing

5974-554: The closing of 10 additional stores, in addition to the 59 store closings previously announced in June. On October 10, 2017, Sears Canada announced that it would seek court approval to shutter all of its remaining stores in Canada and lay off 11,240 remaining staff. The approval was granted by the Ontario Superior Court on October 13, 2017. Liquidation sales began on October 19, 2017. The remaining Sears stores closed on January 14, 2018. Store fixtures and equipment from

6077-418: The closure of 11 additional stores. A management group led by the company's executive chairman Brandon Stranzl had hoped to take over the retailer, but that attempt failed. "Following exhaustive efforts, no viable transaction for the company to continue as a going concern was received," Sears Canada announced on October 10, 2017. On the same day, the company stated that it was seeking court approval to liquidate

6180-564: The company's trading channels. The points of the program could no longer be earned from June 22, 2017. In 1999, Sears Canada acquired the assets and the trademark name of the bankrupt chain The T. Eaton Company Limited . For the first time in its history, Sears Canada gained the leases to a number of prime downtown locations in Toronto (Eaton Centre), Vancouver , Victoria , Winnipeg , Ottawa , and Calgary , all former Eaton's flagship stores. The Simpsons-Sears agreement had largely shut out Sears from

6283-584: The decisions, stating that the retention payments were a common practice during these processes, intended to maintain the morale of senior staff as they wind down their stores and that key executives remain with the company through the insolvency process. On August 15, 2017, the company announced that it planned to seek authorization from the Ontario Superior Court to siphon $ 500,000 from the retention bonuses into an "Employee Hardship Fund", which would be available to eligible employees. A company representative stated that Sears Canada "shares everyone's concerns about

SECTION 60

#1732764783562

6386-461: The entire Pacific Slope . Soon after the forts were founded, Kwa'lila, chief of the main local village of the Secwépemc, moved his people closer to the trading post , so they could control access and gain in prestige and security. After Kwa'lila died, his nephew and foster son Nicola became chief. He later led an alliance of Syilx (Okanagan) and Nlaka'pamux peoples in the plateau country to

6489-531: The event of the president's death, resignation or incapacity. A few vice presidents in the Americas also hold the position of president of the senate ; this is the case, for example, in Argentina, the United States, and Uruguay. The vice president sometimes assumes some of the ceremonial duties of the president, such as attending diplomatic functions and events that the actual president may be too busy to attend;

6592-404: The first vice president can be interchangeable with executive vice president and the remaining vice presidents are ranked in order of their seniority. Sometimes a vice president is also called presidium member , especially when there are more than person holding the post. The primary responsibility of the vice president of a club or organization is to be prepared to assume the powers and duties of

6695-408: The goal of reducing costs and improving efficiency. After October 19, 2017, the website was no longer available for online purchases and directed shoppers to the remaining stores undergoing liquidation, with a message of thanks to customers. Sears Canada website ceased operations after December 13, 2018, but their social media links with Twitter and Facebook can still be reached despite no activity since

6798-536: The holiday season, Sears laid off 70 employees from its head office after losing nearly $ 47 million in the previous quarter. Through 2003 and into 2011 the company lost $ 1.6 billion in revenue. In June 2011, Calvin McDonald, formerly of Loblaw Companies , was named president and CEO of Sears Canada. McDonald planned to restructure the company's operations under a three-year plan, in the wake of increased competition and economic uncertainties. He explained that "we are in

6901-457: The members of the organization. When multiple vice presidents are elected, the positions are usually numbered to prevent confusion as to who may preside or succeed to the office of president upon vacancy of that office (for example: first vice president, second vice president, and so on). In some cases vice presidents are given titles due to their specific responsibilities, for example: vice president of operations, finance, etc. In some associations

7004-599: The name of the company remained Simpsons-Sears Limited. Also in 1973, Sears hit $ 1 billion in sales. In 1974, Simpsons-Sears opened a Sears store at Hillcrest Mall in Richmond Hill , Ontario , its first location in a mall that had a Simpsons store. In 1978, Simpsons and Simpsons-Sears put forward a plan to merge their businesses. This plan had to have the approval of the Foreign Investment Review Agency, as Sears, Roebuck would become

7107-602: The need for dedicated associates). Stranzl stated that the new format was meant to "take ideas from the best in the business, whether it's in shoes, outerwear or appliances", and return the chain to a "price-focused" strategy. The new format was implemented during renovation of the Stone Road Mall location in Guelph. In December 2016, Sears Canada announced plans to add grocery sections in three-to-five remodelled stores in 2017. The selection would be primarily organic, with

7210-474: The neighbourhoods to which they belong: The climate of Kamloops is semi-arid ( Köppen climate classification BSk ) due to its rain shadow location. Because of milder winters and aridity, the area west of Kamloops in the lower Thompson River valley falls within a desert ( Köppen climate classification BWk ) climate. Kamloops gets short cold snaps where temperatures can drop to around or below −30 °C (−22 °F) when Arctic air manages to cross

7313-457: The new store format at its Promenade and Mapleview Centre locations, with a media launch day on September 27, 2016. The new format was designed to have a more open layout with fewer permanent displays and partitions, providing more flexibility in how departments are arranged and stocked. The footwear department was also moved to the centre of the store and switched to a "self-serve" concept, with product boxes accessible by customers (thus reducing

7416-502: The next section. As many of these VPs have minimal employees reporting to them, their necessity has been questioned, with for example Inc. magazine arguing to flatten the corporate hierarchy. Similarly, as universities have adopted a corporate structure there is concern over administrative bloat and over-paying VPs. Benjamin Ginsberg, a political scientist and professor, has claimed the proliferation of VPs and other administrators

7519-424: The office of the president in the case of a vacancy in that office. If the office of president becomes vacant, the vice president (or in clubs with multiple vice presidents, the VP that occupies the highest-ranking office), will assume the office of president, with the lower vice presidents to fill in the remaining vice presidencies, leaving the lowest vice presidency to be filled by either election or appointment. If

7622-460: The only cemetery dedicated to the Chinese pioneers, he felt this city would be an appropriate site for the museum. Kamloops' economy includes healthcare, tourism, education, transportation, and natural resource extraction industries. The Royal Inland Hospital (RIH) is the city's largest employer. RIH is the region's acute care and health facility and is one of two tertiary referral hospitals in

7725-577: The parent company and majority shareholder of Sears Canada, made a bid to purchase the remaining shares to take the company private. Some members of the board opposed the move. A ruling by the Ontario Securities Commission , made in August 2006, stalled progress the attempted privatization by its parent company, Sears Holdings Limited. While the ruling did not dispel the future possibility of the privatization of Sears Canada, it posed

7828-422: The pension plan was underfunded by nearly $ 270 million, the annual benefits received by 17,000 pension plan members was likely to be reduced. In an attempt to moderate the hardship for retirees, a judge had previously ordered payments to other Sears creditors frozen until the pension issue was resolved. While Ontario offers a plan to financially aid such pensioners under its Pension Benefits Act, no other province has

7931-512: The plight faced by some of its former employees, and is glad to see a solution, pending court approval, that can at least help those most in need." The Globe and Mail noted that this arrangement was not a true substitute to severance pay, as affected employees "would have collected far more had Sears followed the typical path of giving a few weeks of pay per year of service for terminated employees." On October 2, 2017, Sears Canada announced its intent to seek extended bankruptcy protection as well as

8034-400: The president is not present, dies, resigns, or is otherwise unable to fulfill their duties, the vice president will generally serve as president. In many presidential systems , vice presidents may not wield much day-to-day political power, but are still considered important members of the cabinet , while other vice presidents might not have any purpose beyond acting in place of the president on

8137-409: The president's death, resignation or incapacity. Vice presidents are either elected jointly with the president as their running mate , or more rarely, appointed independently after the president's election. Most governments with vice presidents have one person in this role at any time, although in some countries there are two or more vice presidents–an extreme case being Iran's 12 vice presidents . If

8240-465: The previous two quarters. On July 18, 2017, Sears Canada received court approval to begin liquidating the inventory of the 59 closing locations on July 21, 2017, appointing Gordon Brothers and Merchant Retail Solutions to manage the liquidation of the department and Sears Home stores. Per the formal plan submitted in court documents, the terms "bankruptcy", "going out of business", or "liquidation" could not be used to promote these sales. Liquidation of

8343-559: The prime shareholder. Before approval could be attained, the Hudson's Bay Company made a counter bid and acquired Simpsons Limited. Simpsons' shares in Simpsons-Sears taken over by The Bay were eventually sold back to Sears, Roebuck. The company was renamed Sears Canada Inc. in 1984 to reflect its independence. The paths of Hudson's Bay and Sears crossed again in 1991. The Hudson's Bay Company merged its remaining Greater Toronto Simpsons stores into its The Bay division in 1991, and

8446-566: The region, including business income, wage earnings, share earnings, rates and levies. Conservation springs from industry-wide support for management, research and education initiatives that benefit everyone through responsible tourism management. Kamloops has over 50 accommodation choices from major hotels to bed and breakfasts. Accommodation occupancy rates were 61.5% in 2017, up 2.6% from 2016. Kamloops culture has grown in recent years to celebrate local talent that includes: culinary arts, sports, live entertainment, and fine art. Kamloops hosts

8549-627: The remainder of the shares were publicly traded on the Toronto Stock Exchange. On September 26, 2007, Sears Canada announced the sale of its 222 Jarvis Street headquarters to the Government of Ontario . The company relocated its head office to surplus space at its flagship store in the Toronto Eaton Centre . Same-store sales were down 4% in 2010, compared to 6.8% in 2009. In December 2011, after slow sales over

8652-563: The remaining assets and locations of the historic Canadian chain Eaton's . From 2014, Sears Holdings owned a 10% share in the company. ESL Investments was the largest shareholder of Sears Canada. Sears Canada operated 125 full-line department stores at its' peak. In 2016, Sears Canada had a network that included 140 corporate stores (including full-line, Sears Home, and Sears Outlet stores), 71 Hometown stores, over 900 catalogue and online merchandise pick-up locations, 69 Sears Travel offices, and

8755-543: The remains of 215 children found at a former Kamloops Indian residential school , part of the Canadian Indian residential school system . The story was reported around the world, and five Catholic churches in Western Canada were burned down in the weeks following, since the school was operated by a Catholic order. However, this story cannot be completely confirmed until bodies are exhumed. "Kamloops"

8858-489: The responsibilities may be overall to the company, a region (US, EMEA, CEE...), business unit or function such as sales, marketing, IT etc. In financial companies, a "vice president" is usually a seniority rank that denotes higher responsibility, though such may not be leadership. The title does not denote a leadership position within the company, but often a role relatively junior to the executive board. Financial services companies have multiple vice presidents, possibly because

8961-466: The retailer ceased operating. Sears offers options for Canadian cross-border shoppers to purchase from US site and pickup at the nearest US store. International delivery is not available to Canadians. Founded in 1949, Corbeil Électrique Inc., better known as Corbeil Appliances, was acquired by Sears Canada in 2005. Corbeil had 26 locations in Quebec, but closed its four locations in Toronto and Ottawa. As

9064-432: The rolling ridges, or into spectral gulches that rose to ghostlier mountains. It was like the scenery of Mexico, weirdly desolate and aridly morose. A discouraging land, forbidding in its weariness and resigned to ruin." Kamloops Indian Band areas begin just to the northeast of the downtown core but are not within the city limits. As a result of this placement, it is necessary to leave Kamloops' city limits and pass through

9167-757: The rotation of its off-season and marked down catalogue merchandise. The concept was eventually expanded nationwide, offering consumers an off-priced selection of in-house and brand name products. In the 2000s, these stores were renamed "Outlet Stores" to reflect a broader assortment as well as channel-specific merchandise. Sears full-line stores in some markets were converted to this format in 2014. As of Fall 2016, Sears Canada operated 17 outlet locations. In June 2017 Sears announced 10 remaining outlet stores would also close. In 1994, Sears Canada opened its first Hometown Dealer Store in Pembroke, Ontario. The "Hometown Stores". were designed to serve smaller-sized markets and bring

9270-524: The sale, and the Sears Club points system was retained by the retailer. Sears also paid a special dividend upon the completion of the transaction. CEO Brent Hollister said that the move would allow Sears to refocus on its retail operations. Sears Canada announced it would end its credit card partnership with JPMorgan Chase when the agreement expired in November 2015. In January 2006, Sears Holdings ,

9373-732: The second store opened in Kamloops , British Columbia in December of that year. In 1954, Simpsons-Sears opened Canada's first large suburban department store, in Vancouver – Burnaby , BC, based on new the modern Sears, Roebuck model, spreading across the U.S. Simpsons-Sears introduced the slogan “We Service What We Sell” in 1955, backed up by a highly trained nationwide corps of service technicians. In 1963, Simpsons-Sears opened its first full-line store in Quebec , in Quebec City 's Fleur de Lys complex. The company made its public debut on

9476-500: The situation that we are in because we stopped doing the things that make great retailers great. We traded ourselves into this challenge and we will trade ourselves out of it." The company had posted a $ 44.1 million loss in 2010 but had recovered to $ 21.9 million by the third quarter of 2011. Among the planned changes were to build upon market segments where Sears had historically performed well (including appliances, dresses, children's wear and related products, and mattresses), and introduce

9579-606: The south around Stump , Nicola and Douglas lakes. Relations between Nicola and the fur traders were often tense, but Chief Nicola was recognized for his aid to colonizers during the Fraser Canyon Gold Rush of 1858. He did try to control those who had been in parties waging violence and looting on the Okanagan Trail , which led from American territory to the Fraser goldfields . Throughout, Kamloops

9682-444: The title is a form of delayering when an employee can not be moved higher in the organization but still deserves recognition. In most cases, the title merely implies that someone is in a medium-seniority individual contributor role. Larger financial institutions have thousands of employees with the title "vice president". In other organizations ( e.g. , trade unions , societies, clubs) one or multiple vice presidents are elected by

9785-428: The urban core, and that remained so even when the restriction was lifted, as The Bay and Eaton's long held a duopoly in the downtowns of major Canadian cities. Sears Canada had also entertained notions of obtaining the former Eaton downtown Montreal store but that location was eventually occupied by Quebec retailer Les Ailes de la Mode . Sears relaunched "Eatons" (rendered with the lowercase "e" logo) in November 2000 as

9888-497: The value of assets is one of the three levers we have said we will use as a way to create total value for the company. When proposals such as this one are presented to us, we must weigh the value of the transaction against the value we will obtain from continuing to operate those stores in their current locations". Campbell left Sears Canada in October 2014 and was replaced by Ronald Boire , who served until June 2015. Brandon Stranzl

9991-465: Was 47.3 °C (117 °F) on 29 June 2021, which was the fourth-highest reading recorded in Canada, and the highest recorded in any city, during the infamous 2021 Western North America heat wave . The lowest temperature ever recorded was −38.3 °C (−37 °F) on 16 and 18 January 1950. In the 2021 Census of Population conducted by Statistics Canada , Kamloops had a population of 97,902 living in 39,914 of its 41,619 total private dwellings,

10094-557: Was an important way station on the route of the Hudson's Bay Brigade Trail , which connected Fort Vancouver with Fort Alexandria and the other forts in New Caledonia to the north (today's Omineca Country , roughly). It was integral during the onset of the Cariboo Gold Rush as the main route to the new goldfields around what was to become Barkerville . The 1862 Pacific Northwest smallpox epidemic swept through

10197-620: Was appointed executive chairman in July 2015, continuing in his role as chairman of the board and also assuming the duties of the CEO. In November 2015, Carrie Kirkman was appointed president and chief merchant, a role she held until July 2016. In late 2013, SHS Services Management, a Markham, Ontario-based contract partner, went into receivership, but Sears Canada promised to honour home improvement warranty through services offered by SHS on behalf of Sears Canada. On August 24, 2016, Sears Canada unveiled

10300-415: Was criticized for its treatment of the laid-off employees, including that the company planned to issue a total of $ 7.6 million in retention bonuses to 43 executives and senior managers, and $ 1.6 million to senior employees at stores that are closing, but did not plan to offer severance pay to the laid-off employees. These concerns resulted in calls over social media to boycott the company. Sears Canada defended

10403-485: Was free to operate anywhere in Canada, as was the new Simpsons-Sears Acceptance Company, the credit arm of the operation. The business operations of Simpsons-Sears began when the first Simpsons-Sears Spring/Summer Catalogue was printed by Photo-Engravers and Electrotypers, Ltd. and delivered to 300,000 Canadian homes in early 1953. On September 17, 1953, the first Simpsons-Sears retail store opened in Stratford , Ontario;

10506-471: Was not a "true Chinatown ". It was established by Chinese immigrants by 1887, and by 1890 the community had up to 400 Chinese. Stewart said this was an "amazingly large" population for the rural area. By the 1890s, about 33% of Kamloops were ethnic Chinese; they worked primarily on construction of the Canadian Pacific Railway . Economic changes in Kamloops resulted in many Chinese seeking work elsewhere. In addition, there were two fires in 1892 and 1893, and

10609-496: Was sold to the new company) and to build a string of stores modelled on Sears' format across the country. The agreement also contained a provision that would become a major challenge in later years. Under its terms, Simpsons-Sears could not open a retail store within 25 miles of Simpsons' existing stores in Toronto, Montreal , Halifax , Regina , and London . In return, Simpsons promised not to build any stores outside of those five cities. Simpsons-Sears' mail-order business, however,

#561438