"Budget Relief Price Drops"
TORONTO, Aug. 28 /CNW/ - Sears Canada Inc. (TSX: SCC) announced further
price drops today on both Back-to-School necessities as well as other apparel
and articles for the home. Reports continue to indicate that Canadians are
concerned about the economy. Expenses such as rising fuel prices can be
stressful to families as they try to stretch their household budgets at this
time of year. Sears is responding with "Budget Relief Price Drops", a program
that has lowered prices on a great selection of merchandise and that gives
Canadians across the country confidence that they are getting the best prices
for the clothing and necessities they are seeking without having to lower
their standards of quality.
"Canadians want retailers to respond to the concerns they have with
respect to the tougher economy and being able to afford what they need,
especially with families preparing for back-to-school," said Dene Rogers,
President and Chief Executive Officer, Sears Canada Inc. "Household budgets
need some relief, and Sears has taken deeper-than-normal price cuts on private
and national brands to let our customers know they can shop at their local
Sears store with confidence."
For the Labour Day Long Weekend Sale, Sears is also offering a special
offer for Sears Card or Sears MasterCard purchases in almost all stores. In
some markets, customers can receive a $10.00 Sobeys Food Card with the
purchase of $75.00. In some other markets, customers can receive a $5.00 gas
card from Petro Canada for purchases of $50.00. Details are in this weekend's
Long Weekend Sales flyer and in participating Sears stores.
"We know that two expenses families have to make outside of Sears and
with which they also appreciate help are food and gas," continued Mr. Rogers.
"This special bonus offer in addition to the Budget Relief Price Drops will
make a trip to Sears this weekend valuable and worthwhile for many Canadian
families."
Sears has already passed on savings associated with a stronger Canadian
dollar. Additionally, Sears promotional advertising program provides
outstanding competitive value during this key shopping season. Now, Sears has
dropped the prices on additional items and has lowered promotional prices even
further on others, and has identified them with "Price Drop" signs throughout
the store to make it easier for customers to locate. Prices are in effect as
of Saturday, Aug. 30, for a limited period. Here are some examples:
Men's Levis 501 Jeans $44.99, Reg. 74.99
Men's Levis 505 or 550 Jeans $39.99, Reg. 69.99
Men's Levis Belts $17.50, Reg. 35.00
Men's Protocol Dress Shirts $12.49, Reg. 25.00
Men's Clark 'Cricket' Shoes $69.99, Reg.