Boire named acting president, CEO of Sears Canada

SHARE Boire named acting president, CEO of Sears Canada

HOFFMAN ESTATES — A Sears executive was named acting president and CEO of Sears Canada on Wednesday.

Late last month the company said that CEO of Sears Canada, Douglas Campbell, would leave at the end of the year.

The Hoffman Estates retailer has been struggling and earlier this month said that it would sell most of its stake in the Canadian unit to raise $380 million in much-needed cash ahead of the holiday season.

Sears Holdings Corp., which runs Kmart and its namesake stores, said Ron Boire would step down from his roles as executive vice president, chief merchandising officer and president of Sears Full Line Stores and Kmart Format.

Before joining Sears in 2012, Boire was the CEO of Brookstone Inc.

The Latest
The Sun-Times’ experts pick whom they think the team will take with the No. 9 pick in Thursday night’s draft:
They have abandoned their mom and say relationship won’t resume until she stops ‘taking the money’ from her alcoholic ex.
Twenty-five years later, the gun industry’s greed and elected leaders’ cowardice continue to prevail, the head of the National Urban League writes.
Riverside Fishing Club’s Fishing Tackle & Outdoors Swap Meet on Saturday and the continuing North American Vintage Decoy & Sporting Collectibles Show are Go & Show this week.