The department store sector shrank by about 13% in 2018 and is poised to shrink further Sears Holdings Corp.’s plan to shutter more stores will hurt struggling lower-tier regional malls most, according to the latest Moody’s report. Sears SHLDQ, -1.63% said it would close more than 260 stores when it filed for bankruptcy in October, leaving it with about 400 stores if the company moves forward with the latest bid from Chairman Eddie Lampert’s hedge fund ESL Investments... ...moreRSK: The good, the bad and the ugly of the Sears demise! Ken Notes: And the BEST dead Sears photo yet!!! | ||
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