Struggling Sears to push core brands

TORONTO — Sears Canada, whose U.S. parent has been pulling out of it after failing to find a buyer, is turning to a new business plan, focusing on popular brands such as Kenmore, the Toronto Star reports. Interim CEO Ronald Boire says the strategy is intended to drive growth after the company was unable to convince prospective buyers to pay what Sears executives believe it’s worth. Boire praised predecessor Doug Campbell’s cost-saving measures but acknowledges more staff cuts may still be needed; and he wouldn’t be drawn on whether more lease buybacks could be in the offing.