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Sears CEO steps down as retailer files for bankruptcy
2018-10-15 13:25:00| Daily apparel & textile news and comment - from just-style.com
Edward Lampert has stepped down as CEO at Sears after the embattled US department store today (15 October) filed for bankruptcy and announced the closure of 142 stores.
Sears: The slow death of a US retail giant
2018-10-15 10:54:31| BBC News | Business | UK Edition
The decline of the former US shopping industry titan resulted in filing for bankruptcy.
US retailer Sears files for bankruptcy
2018-10-15 07:58:20| BBC News | Business | UK Edition
The retail giant has been struggling with mounting debt and with the shift to shopping online.
Tags: files
bankruptcy
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sears
Sears is a firm without "any real inherent value"
2018-10-12 14:16:00| Daily apparel & textile news and comment - from just-style.com
The news that some lenders have urged Sears Holdings to file for Chapter 7 bankruptcy, which involves the liquidation rather than the restructuring of the business, confirms the view that Sears is a firm without any real inherent value, one analyst says.
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Sears Has Run Out of Relevance, Money and Time: Sarah Halzack
2018-10-10 21:28:03| National Real Estate Investor
Its hard to imagine a realistic path by which Eddie Lampert can shrink Sears back to profitability.
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