Sunday the final day for Sears Peterborough
Peterborough’s Sears is officially closing its doors on Sunday.
The store will be open from 9 a.m. to 6 p.m. for its final day.
Sears Canada announced in October that it would be closing its roughly 130 stores across the country and laying off about 12,000 employees.
The city’s store has 87 associates, which are mostly part-time workers.
The retailer entered bankruptcy protection in June, saying it couldn’t continue to operate without a new source of financing.
After it failed to find a buyer, liquidation sales started Oct. 19.
In November, the Competition Bureau began investigating Sears after allegations that prices on some merchandise was marked up ahead of the liquidations sales, according to the Canadian Press.
The city’s store is currently selling its items for up to 80 per cent off.
The second floor is now bare but the main floor is still packed with merchandise.
Clothing, jackets and shoes make up most of what’s left, but there are also odds and ends scattered throughout, such as bed sheets, headphones, stationary, carpets, home decor and cosmetics.
And there are copious amounts of frying pans.
Sears is also selling off its fixtures, furniture and equipment.
Manufacture warranties are still valid, but Sears warranties expired in October.
There’s no word yet on whether or not the building has sold – a spokesperson for Sears wasn’t available for comment.
Sears owns the store attached to Lansdowne Place, as well as seven acres of parking lot.
The store first opened on Aug. 26, 1954 as a Simpson-Sears store and became the anchor tenant of Lansdowne Place mall when the mall first opened in October 1980.