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 ...
Sears Files Just as Things Are Looking Up for US Retail
A year ago, a Sears bankruptcy would have fit better into the U.S. retail narrative, given the steady decline of shopping malls and foundering chains. Today, however, with shoppers feeling more free to spend and nicer malls on the upswing, bankruptcy ...
Here's the One Thing People are not Talking About with Sears' Downfall
Sears is in trouble. This is the furthest thing from breaking news, but it seems with each passing day the company takes another hit. The latest gut shot was an announcement that an additional 46 Sears Holdings stores would close—33 Sears and 13 Kmart ...