Tag Archives: bankruptcy

[ad_1] The only unanswered question from Loop is the liquidation of Sears. Chukumba said the company believed the only thing that would prevent Sears from winding up "is the extended financing term …

[ad_1] (Reuters) – When Sears Holdings Corp (SHLD.O) filed for bankruptcy under Chapter 11 on Monday, announced the closure of 142 other unprofitable Sears and Kmart sites and the reorganization of its …

[ad_1] (Reuters) – A bankruptcy judge on Monday approved $ 300 million in funding to keep the Sears Holdings Corp chain of stores open during the holiday season, giving the century-old retailer …

[ad_1] By Tracy Rucinski and Jessica DiNapoli (Reuters) – A bankruptcy judge on Monday approved $ 300 million in funding to keep the Sears Holdings Corp chain of stores open during the …

[ad_1] Sears Holdings Corp. filed Monday under the protection of its bankruptcy court, a grim development for a company with an illustrious 132-year history in US business. While recent generations have abandoned …

[ad_1] Sears Holdings Corp. of the SHLD -23.83% The decision to seek bankruptcy protection led to a new scrutiny of its underfunded pension plans. It is unclear whether the retailer can afford …

[ad_1] Early Monday morning, Sears filed for bankruptcy protection after years of struggle and incessant losses. Sears said in court that the consequences of the disaster would be catastrophic if he could …

[ad_1] In its bankruptcy filing on Monday, Sears said that with enough time and less debt, Sears could reverse the decline in its retail business that has lasted for decades. But the …

[ad_1] Sears' Christmas catalogs provided hours and hours of entertainment for children to flip through tired pages and dream about playing with the latest toys. Rick Smith said the catalog allowed his …

[ad_1] Sears Holdings Corp. will try to turn around the situation of his bankrupt company with even fewer stores by the end of the year. The former dominant retail force will shut …