Sears Could File for Bankruptcy As Soon As This Weekend
Sears Holdings Corp., the struggling U.S. retailer owned by hedge fund manager Eddie Lampert, is laying the groundwork for a bankruptcy filing as soon as this weekend as it faces a critical debt maturity. Lampert, who for weeks has been pushing a debt ...
Empty shelves, poor customer service speed sound death knell for Sears
The retailer's problems, according to shoppers, former employees and vendors interviewed by Reuters, range from its limited assortment of merchandise to poor
customer service. In addition, some said the retailer abandoned basic shop-keeping standards ...
When downtown Sears opened, it was the Amazon of 1929. And it was huge
It was big news on Aug. 7, 1929, when Sears, Roebuck & Co. was getting ready to open its first store in Louisville — a $1 million art deco beauty at 8th and Broadway — as it shifted from a mail-order business to brick and mortar buildings in more ...