Customers Save Equivalent of Ontario Retail Sales Tax Immediately
TORONTO, June 22 /CNW/ - Sears Canada Inc. (TSX: SCC) announced today
that it will offer customers in Ontario a point-of-sale discount equivalent to
saving the provincial Retail Sales Tax (RST) on selected energy efficient
products starting immediately. On June 20, 2007, the Ontario Ministry of
Revenue announced point-of-sale RST exemption for certain new ENERGY STAR(R)
major appliances and other household products purchased between July 19, 2007
and July 20, 2008.
"Sears wants to give our customers in Ontario the opportunity to realize
savings on qualifying products right now and not wait until after July 19th,"
said Dene Rogers, President & Chief Executive Officer, Sears Canada Inc. "Some
customers may not be able to wait until the third week of July to purchase
Energy Star products, and we don't want them to miss out on the savings when
making their major appliance purchase at a time it makes sense for them to do
so. We will offer the equivalent savings on those products until the Ministry
of Revenue exemptions begin."
Sears carries hundreds of major appliances and other products that carry
the ENERGY STAR(R) qualifying symbol in both popular national brands as well
as Kenmore, Canada's largest selling brand of major appliances sold
exclusively at Sears stores across Ontario, through the Catalogue at
1-800-26-SEARS, and through the web at www.sears.ca. Sears has been a
long-time supporter of the Energy Star(R) program, having been named the first
ever ENERGY STAR(R) Retailer of the Year in 2003 by Natural Resources Canada.
In addition, Sears Canada was presented with the national, cross-industry
Energy Star(R) Participant of the Year award at the Natural Resources Canada
ENERGY STAR(R) Market Transformation conference held in 2005, an award given
to an Energy Star(R) participant from across numerous categories (retailers,
manufacturers, governments, utilities, etc.) in recognition of its commitment
to the ENERGY STAR(R) symbol. Sears received this award for demonstrating a
consistent commitment to increasing the number of ENERGY STAR(R) products sold
throughout the year, as well as maintaining a number of activities to promote
and enhance to visibility of the ENERGY STAR(R) mark in Canada.
Qualifying products include non-commercial refrigerators, dishwashers,
clothes washers, stackable washer-dryer combinations, freezers, dehumidifiers
and room air conditioners.
Sears Canada is a multi-channel retailer with a network of 196 corporate
stores, 178 dealer stores, 64 home improvement showrooms, over 1,850 catalogue
merchandise pick-up locations, 106 Sears Travel offices and a nationwide home
maintenance, repair, and installation network. The Company also publishes
Canada's most extensive general merchandise catalogue and offers shopping
online at www.sears.ca.
For further information:
For further information: Contact for Media: Vincent Power, Sears Canada,
Corporate Communications, (416) 941-4422, email@example.com