(source: sears.com)
Sears Holdings may be liquidated in the wake of a meeting Wednesday with several of the struggling retailer’s biggest lenders that did not result in...
With talk of bankruptcy growing louder for Sears, the struggling retailer has reportedly stopped paying suppliers. Reports in Reuters on Thursday (Oct. 11) said three...
Facing a large debt payment, Sears Holdings is reportedly working with boutique consulting firm M-III Partners to prepare a bankruptcy filing. Sources familiar with the matter told The...
What’s old is always new again, and what’s new is often so very old. That’s not just the pseudo-intellectual basis of some booze-fueled, impromptu seminar...
In an effort to avoid bankruptcy, Sears CEO Edward Lampert is pitching a rescue plan: He wants the retailer’s board to sell assets and creditors...
Lease-to-own services are making a comeback with eCommerce retailers. Overstock.com is bringing a lease-to-own purchase option to its financial service offerings. The option, provided by Progressive Leasing,...
The problems bedeviling Sears are well-known. Retail is rendered, more and more, through digital means. Sales have been sliding. The company has been shuttering stores....
It’s a good time to be a retail chain. Yeah, really. The second quarter earnings season has brought a flow of positive financial news from...
Retailers are cutting back on their brick-and-mortar footprints as consumers opt to shop online and away from malls, and Sears has been hit particularly hard....