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TORONTO (AP) - Sears Canada Inc. is cutting 1,200 jobs as part of the department-store operator's promise to improve the productivity of its operations.
Company spokesman Vincent Power said the layoffs, which span the entire country, were the result of a business-by-business review the retailer announced in September, which included "strategic staffing decisions."
Power said that, with the recent sale of the company's credit division, the priority is firmly on merchandising. "We want to have a cost structure that's competitive with other retailers in the Canadian marketplace," he said.
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