Eddie Lampert, the largest shareholder of Sears Canada, explains the financial situation around the retailer’s final years. In the following Q&A with the Star, Lampert discusses what he believes went wrong at Sears Canada, why it couldn’t be fixed and why paying dividends was sound business. “There is a false narrative that somehow ESL made a lot of money on Sears Canada when, in fact, it has lost a significant amount,” according to Lampert...
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