Q22: Will it be announced in 2015 that any of the Sears locations in Ottawa will close or change ownership?
Yes: 25%
No: 75%
Sears Canada has recently been in serious financial trouble, with declining sales and significant financial losses. There have been (unconfirmed, probably false) rumours that Sears Canada will enter creditor protection.
There are currently 4 Sears locations in Ottawa. The location at Rideau Centre closed in 2012. Given the recent problems, the closure of another location is a real possibility. However, I think that Sears will hang on, at least for 2015. Even if it enters creditor protection, the current stores will probably continue as Sears. Declines of this sort take more than a year.
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