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SEARS ACQUIRES TRIPEZE.COM

Sears Canada, through its Sears Travel Service, has acquired Tripeze.com. Financial details have not been disclosed. The online travel company will operate as a Sears Canada company under the Tripeze name. Doug Walker, previously president of Tripeze.com, has joined Sears as national manager of online travel. According to the Toronto-based retailer, over the next year it will introduce products and benefits exclusive to Sears, Eatons and Tripeze customers. Development plans also include linking the Sears.ca and Tripeze.com Web sites. Sears' Travel Service operates 110 offices in Canada. Travel services are also offered through call centres.

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