Business Insider India6y
Sears has filed for bankruptcy and is closing stores. Here are the retail rivals who could benefit the most from its downward spiral.
On Monday, Sears filed for Chapter 11 bankruptcy protection and announced it would be closing 142 stores before the end of the year. Now, investors are wondering who will swoop in and benefit from ...
Sears’ long goodbye in Washington ending with final store wrapping up sad retail legacy
The Southcenter store’s demise follows Sears’ shutdown in September of its other Washington state store at Valley Mall in ...
Hosted on MSN1d
You Can Still Build a House Like a Sears Kit Home - But There's a Catch
Kit homes, as they're called, are not some new modern invention - nor are they a home type of the past. Here's everything you ...
Weil Gotshal Bankruptcy Co-Chair Ray Schrock to Join Latham
The restructuring lawyer, whose clients have included PG&E, AMC Entertainment and Sears, is close to leaving after a decade ...
At Southcenter, the last Sears in WA is shutting down
Employees said they learned last week that the Sears in Westfield Southcenter — the last Sears in Washington, and reportedly ...
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The last Sears in the New York area is closing. Just over a dozen remain in America
Sears used to have at least 11 stores in New Jersey, however they all have closed (or about to close) since the brand’s 2018 bankruptcy that resulted in hundreds of closures around the US.
Business Insider India7mon
Sears suppliers fear the company is going bankrupt
At least half a dozen suppliers have "significantly" reduced product shipments to Sears over fears that the retailer will soon go bankrupt, according to Marc Wagman, executive vice president of ...
Forbes5y
Sears Lives To Die Another Day
Against the odds—and over the objections of most creditors—Eddie Lampert has "saved" Sears, with a federal bankruptcy court judge approving the sale of the once-storied retailer to the ...
BBC6y
Sears shares falter on bankruptcy fears
Shares in Sears Holdings plunged by more than 30% on Wednesday following a report that the US retail chain was preparing to file for bankruptcy. The firm was preparing the filing ahead of the ...
Columbus Dispatch21d
American Freight stores are closing nationwide. Here’s how Ohio is affected
Ohio will see 23 American Freight locations close due to the bankruptcy move. American Freight merged with Sears Outlet after Franchise Group bought the Sears Outlet stores. However, the brand is ...
Business Insider7y
We visited a Sears and saw why the company is imploding
Sears losses are mounting as the once iconic brand continues to struggle. The company announced it had a brutal holiday quarter and is planning to cut costs by $1 billion in 2017. Full year ...
BBC5y
Sears retail chain in $5.2bn rescue plan
Billionaire Eddie Lampert, a hedge fund financier who is chairman of Sears and its former chief executive, has won a bankruptcy court auction to purchase the company for $5.2bn (£4bn).