Retailer had nearly 700 stores four years ago, now down to 15
Sears has emerged from bankruptcy after four years, but the company Americans relied on for decades is essentially dead.
Its reorganization plan took effect at the end of last month, ending a process that dragged on for four years, Fox Business reported. Next up for the former retail behemoth is a liquidation of its remaining assets.
There ain’t much...
...moreIts reorganization plan took effect at the end of last month, ending a process that dragged on for four years, Fox Business reported. Next up for the former retail behemoth is a liquidation of its remaining assets.
There ain’t much...
RSK: Well, not like we didn`t se this freight train coming for some time now. Sears assets were the real estate it held. They will now sell them (not the best market conditions to do so) and distribute the proceeds to the shareholders.
Ken Notes: Hard to imagine the king of from home shopping killed by from home shopping????
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- - Volume: 10 - WEEK: 47 Date: 11/15/2022 10:17:27 AM -