Sears Archives - Inside Retail Asia
Sears Holdings chair Edward Lampert’s US$5.2 billion bid to save 425 Sears and Kmart stores and roughly 45,000 jobs from liquidation.
Embattled US department store Sears has been granted yet another lifeline, with a bankruptcy auction now scheduled for January 14.
Sears chairman Eddie Lampert’s last minute plans to save the bankrupt retail chain are set to be terminated on Friday afternoon.
Bankrupt U.S. retailer Sears has been hit with a charge of approximately US$443 million due to store closures.
Famous US department store operator Sears has finally succumbed to bankruptcy.
Failing US president Donald Trump is facing widespread backlash from US retailers and brands over his intention to trigger a trade war with China and other nations.
Consolidation continues for retail giant.
Dire, dismal, terrible, horrendous, grim, appalling – we’ve used up our stock of adjectives to describe Sears results.
America’s shrinking Sears has announced the planned closure of another 63 stores as it battles to continue trading.
The latest quarterly Sears results reveal the fundamental weakness with both Sears and Kmart: fewer and fewer people want to shop there.
Sears Canada has filed for creditor protection – but says it will emerge as a going concern after a restructure.
Failing US discount department store operator Sears started the year announcing it would shutter 150 stores.