Law360 (March 20, 2019, 5:58 PM EDT) -- Sears and a hedge fund owned by former CEO Edward Lampert that acquired the retailer's stores are asking a New York bankruptcy judge to resolve a dispute over ...
A bankruptcy judge has “strongly” advised the company that bought Sears out of bankruptcy to hand over millions of dollars to the old Sears. At a Thursday hearing, Judge Robert Drain weighed ...
Back when it was a retail powerhouse, Sears used to say it was "Where America Shops for Value." Now, as a pathetic remnant of a once-great company prepares to emerge from bankruptcy, its new slogan ...
Chicago Tribune11dOpinion
When Sears filed for bankruptcy last fall, many Chicagoans found themselves reminiscing about its glory days, particularly in North Lawndale, on the city’s West Side, where the retailer’s original ...
Sears' sphere of influence in the mid-20th century was comparable to Amazon's now, in that it sold everything, to everybody. But rising debt and a growing list of competitors, sent the chain into ...
Nobody would shop at a place like Best Buy where you didn’t have dedicated salespeople.” Sears emerged from bankruptcy in early February after a decadeslong spiral and $5.5 billion in debt nearly sank ...
The asset sale/purchase transfer has been a bureaucratic mess. Sears had no cash left on the February 11 closing date. EBITDA for January alone was loss of $433 million. Sears may not have enough ...
Law360 (March 21, 2019, 7:54 PM EDT) -- A New York bankruptcy judge told Sears and a hedge fund owned by its former CEO on Thursday that he'll need more time and evidence before he can decide the ...
Announced late last week our Sears would be closing. Mood in store today hard to describe. Not entirely morose, but certainly not happy. I suppose no one is shocked. Brad (store manager ...
Semarjian said ICP navigated the purchase through the Sears bankruptcy process. The property included the former Sears Auto Center and an operating Red Lobster restaurant which is also on the parcel. ...
When Sears filed for bankruptcy last fall, many Chicagoans found themselves reminiscing about its glory days, particularly in North Lawndale, on the city’s West Side, where the retailer’s original ...
Sears was once America’s biggest retailer. Now, it’s recently come out of bankruptcy and is struggling to survive. Here, two former employees and one “Sears super shopper” explain some of the ...