SHS Services Management Inc. In Receivership

TORONTO, Dec. 13, 2013 /CNW/ - Sears Canada Inc. (TSX: SCC) confirmed today that SHS Services Management Inc., an Installation Services Org. (ISO) company that is an independent third party provider of home installed products and services licensed under the Sears Home Services banner, is in receivership.

Effective immediately, all offers of services provided by SHS are ceasing, and Sears is working with the Receiver, Pricewaterhouse Coopers Inc. (PWC), on a viable business option for the future for the home services business.  Sears will ensure that all Sears Home Services warranties are honoured.

Sears Canada's top priority is to customers, and the Company is working with PWC to make sure that customer service requirements are met.  Enquiries for previously engaged home services can be made by contacting Sears at 1-800-4-MY-HOME.

About Sears Canada

Sears Canada is a multi-channel retailer with a network that includes 181 corporate stores, 241 hometown dealer stores, over 1,400 catalogue and online merchandise pick-up locations, 101 Sears Travel offices and a nationwide repair and service network. The Company also publishes Canada's most extensive general merchandise catalogue and offers shopping online at www.sears.ca.

SOURCE: Sears Canada Inc.

For further information:


Contact for Media: Vincent Power
Sears Canada, Corporate Communications
416-941-4422
vpower@sears.ca


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