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Is Sears Still on Life Support? Last Ditch Deal Could Save Some Stores
Is Sears Still on Life Support? Last Ditch Deal Could Save Some Stores
Is Sears Still on Life Support? Last Ditch Deal Could Save Some Stores
No word on if this 11th hour possible reprieve would save any stores already on the chopping block, but by next Monday, January 14th, we could know if Sears Holdings and KMart will see all their stores liquidated, or not. The Wall Street Journal and Market Watch are reporting there is still a pulse...
Reports–Sears Preparing to File Chapter 11 Bankruptcy
Reports–Sears Preparing to File Chapter 11 Bankruptcy
Reports–Sears Preparing to File Chapter 11 Bankruptcy
Tuesday night, the Wall Street Journal reported Sears Holdings (the parent company of Sears and K-Mart) has hired a firm to being bankruptcy proceedings. The report, which came after the markets closed on Wall Street, says Sears has hired M-III Partners to prepare the move, which could come as early as the end of this week...
Sears Closings Creeping Closer, Vancouver- Portland
Sears Closings Creeping Closer, Vancouver- Portland
Sears Closings Creeping Closer, Vancouver- Portland
As of November, another 46 Sears stores are going to be shuttered. According to multiple financial sources, these stores are being targeted as not profitable enough to remain open. Sear's Holdings Inc. says 33 are Sears stores, 13 others are K-Mart, over which they have the controlling interest...
Some Experts Say SEARS Will Be Gone By End of Year
Some Experts Say SEARS Will Be Gone By End of Year
Some Experts Say SEARS Will Be Gone By End of Year
According to CNN Money News, The Wall Street Journal and other financial experts, the future of retail giant SEARS is very much in doubt. Not just closing another round of stores, but the entire chain going the way of Sports Authority and Radio Shack.

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