Sears Canada Inc. will assign eight leases of its big-box-style Sears Home furniture stores to rival Leon's Furniture Inc., a cost-cutting measure that includes the chain's Saanich location at Island Home Centre on Blanshard Street.

"We are working on rationalizing our store network to ensure our core store physical footprint is highly productive," said Brandon G. Stranzl, Executive Chairman, Sears Canada Inc. "Our focus is on converting each and every customer at stores with less efficient footprints into customers of our more efficient and best performing stores. These actions will drive more business over less square footage, and will make Sears Canada a stronger company.

The lease assignments, effective on June 1st of this year, will enable Leon's to simultaneously expand into the British Columbia market with locations in Abbotsford, Langley, Richmond and Saanich. C

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