Sears Will Close Another 100 Stores Amid Failed Turnaround
from Zero Hedge A new report by The Wall Street Journal indicates about 100 of the 425 Sears … Read more
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Sears Buyer Wants to Skip $43 Million Severance for Workers — When Eddie Lampert committed to buy out Sears from bankruptcy, he agreed to pay displaced workers up to $43 million. Now, he’s changing his mind.
Sears filed for bankruptcy last year. A few years ago Eddie Lampert, a Wall Street … Read more
Sears sues Eddie Lampert for looting company
www.cnbc.com/2019/04/18/sears-sues-eddie-lampert-steven-mnuchin-others-for-alleged-thefts.html Sears accuses its former CEO Eddie Lampert of stealing billions of dollars from the … Read more
“Culpable Insiders” Lampert, Mnuchin, et al. Get Sued over Sears Holding’s Five “Fraudulent Transactions”
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Greed and scheming. The team that is picking through what is … Read more
Judge Approves $5.2 Billion Plan To Keep Sears & Kmart Open
NEW YORK (AP) – Sears and Kmart live another day as judge approves $5.2 billion … Read more
Sears and No Bucks: 90,000 Bankrupt Sears Pensions Set for Government Bailout
via Zerohedge: The Pension Benefit Guaranty Corp (PBGC) said in a Friday press release that … Read more
Sears stores to stay open after Lampert prevails in bankruptcy auction with a $5.2 billion bid
NEW YORK (Reuters) – Sears Holdings Corp Chairman Eddie Lampert prevailed in a bankruptcy auction … Read more
Sears Closing All Stores
DEVELOPING: Sears plans to close all stores after 126 years in businessREAD MORE: t.co/OBWvGz9U2v — … Read more
Court gives Sears new life, allows Chairman Eddie Lampert another chance to save retailer
Sears is giving Chairman Eddie Lampert another chance to buy the company out of bankruptcy … Read more
Sears Prepares For Liquidation As Lampert’s 11th Hour Bid Fails
Via ZeroHedge Sears Holdings Corp is readying plans for a liquidation after Chairman Eddie Lampert’s … Read more
The clock is ticking: Sears may be down to its last 24 hours. Iconic retailer likely liquidates if no bid comes in tomorrow.
Sears could face liquidation within 24 hours from CNBC. via CNBC: The employer of more … Read more
Laid-off Sears workers fume as execs get $25 million in bonuses
So the employees get the shaft while the executives who drove the company into bankruptcy … Read more
Sears bankruptcy court OKs $25 million in bonuses for top execs!
Must be nice to get a 25 million dollar bonus from a bankrupt company. www.cbsnews.com/news/sears-bankr…top-execs/ … Read more
Sears is in trouble: What shoppers should do as the company files for bankruptcy
For years, there have been reports of Sears death spiraling toward the corporate graveyard alongside … Read more
Sears Hires Advisers to Prepare Bankruptcy Filing
by COMPUTER1313 www.wsj.com/articles/sears-hires-advisers-to-prepare-bankruptcy-filing-1539136189 www.cnbc.com/2018/10/10/sears-reportedly-preparing-for-bankruptcy-filing-as-soon-as-this-week.html Sears, which has been losing money for years, has $134 million … Read more
SEARS, KMART closing more stores
Sears Holdings is closing at least three additional stores as the retailer faces serious questions … Read more