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Sears

ESL Disputes Unsecured Creditors’ Allegations

Many suppliers are seeking a return of goods sent to Sears immediately before it filed its Chapter 11…

Iconix Shares Hurt by Sears Bankruptcy Impact on Q3 Results

In addition to a bad-debt charge of $8.2 million, Iconix lowered guidance on full-year forecasts.

40 More Sears Stores Set to Close in February 2019

The news comes in addition to the 142 Sears and Kmart stores the retailer said it would close by the end of…

Sears Creditors Seeking Expedited Discovery for Lampert, ESL Deals

The unsecured creditors committee seeks court approval for an expedited discovery process.

Sears Is Said to Move Closer to Loan Deal and Stave Off Shutdown

Sears will formally present plan in court on Nov. 15. New financing won't involve Eddie Lampert's hedge fund.

Sears Inks $60M Deal for Home Improvement Business

The transaction is subject to better offers at an auction.

Sears Decks the Halls for Big Holiday Season, Bankruptcy and All

Even in its own Ch. 11, Sears sees gain from Toys 'R' Us loss; Executive says Whirlpool, other vendors are…

Why Omnichannel Accolades Couldn’t Save Sears

Tech innovation had little to do with Sears' downfall, experts say.

Sears Tries Again for Cash as Lenders Said to Balk on Loan

Prospective lenders to Sears Holdings have so far rejected Chairman Eddie Lampert's appeals to help fund a…

Out with the Old, In With the New as Malls Pivot From Sears

Mall owners say they're not victims in the Sears bankruptcy—not with the opportunity to transform the…

Sears’ Future: End Game Likely Sooner Than Later

A financial crunch early in the bankruptcy process could push Sears into liquidation mode.

Creditors’ Committee Formed in Sears Bankruptcy

The committee of unsecured creditors has nine members.

Sears’ Losses Could Become Retailer’s Most Valuable Assets

Sears has about $1.7 billion in tax breaks from losses. As its biggest creditor, Chairman Eddie Lampert could…

Time Getting More Critical in Sears Bankruptcy

Two key concerns are its finances and getting inventory to its stores.

What Consumers are Saying About Sears’ Downfall

Consumers from around the country react to Sears' bankruptcy filing and the announced closure of 142 more…