There was a time when Eaton’s was the largest department store in Canada, but its market share had dwindled in modern times – all the way down to just 10.6 per cent of Canadian department store sales by 1997. The iconic company, founded in 1869 by Timothy Eaton, filed for bankruptcy and eventually folded in 1999. After 130 years in business, Eaton’s and its assets were acquired by Chicago-based retailer Sears, which took over many remaining Eaton’s locations with the intent to renovate and rebrand them. The effort failed, and Eaton’s was eventually shuttered for good, with many of its Canadian locations turned into Sears. Today, Eaton's lives on in name only; major shopping malls in Canada, most notably in Toronto and Montreal, operate under the famous Eaton name
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How many credit cards should one person have?
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- 73 %Just one. Credit cards should only be used for emergency situations.
- As many as you can. Credit cards are a great way to make purchases and get great rewards.
- None. You should never buy anything on credit.
he BTV Weekly Market Wrap for Friday, May 24, Taylor Thoen reporting. This week: What is Stephen Harper doing for mining? Two acquisitions valued at ... More he BTV Weekly Market Wrap for Friday, May 24, Taylor Thoen reporting. This week: What is Stephen Harper doing for mining? Two acquisitions valued at $1.1Bil, and a $155Mil financing! Highlights of this business week: Canadian Prime Minister Stephen Harper announced aid for Canadian mining investments. TD Bank Group (TSX: TD) reports net income and adjusted earnings. Silvercorp Metals Inc. (TSX: T.SVM) reported net income along with silver and gold production. Bayfield Ventures Corp. (TSX-V: BYV) reported drilling from Rainy River, NW Ontario. Lucara Diamond Corp. (TSX: LUC) has sold 15 Karowe diamonds for over $24 Mil. Fortuna Silver Mines (TSX: T.FVI) announced exploration drilling results Mexico. Yahoo (YHOO: NGS) makes a sizable offer for Tumblr. Apax Partners will acquire rue21 Inc (RUE.O). FINANCINGS: Arsenal Energy Inc. (AEI: TSX) Maudore Minerals Ltd. (TSX-V: MAO) Paramount Resources Ltd. (TSX: POU) Allied Nevada Gold Corp. (TSX: ANV)
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