Sears

FILE - This Aug. 15, 2019, file photo shows signage for Target, Bed Bath & Beyond, AMC Theaters, and Sears in Metairie, La. Nine months out of bankruptcy, Sears is limping into the holiday shopping season. (AP Photo/Gerald Herbert)
(AP Photo/Gerald Herbert)
WRVA News
December 04, 2019 - 12:15 pm
By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Nearly 10 months out of bankruptcy, Sears is limping into the holiday shopping season. Eddie Lampert, the hedge fund billionaire who promised to save 425 Sears and Kmart stores and roughly 45,000 jobs when he bought the company out of bankruptcy...
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Associated Press
January 16, 2019 - 8:46 am
NEW YORK (AP) — Sears has won a reprieve in a desperate attempt to stave off its own demise. The company's largest shareholder and chairman, Eddie Lampert, won a bankruptcy auction in New York, according to a source familiar with negotiations. The person agreed to speak on condition of anonymity...
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Associated Press
October 15, 2018 - 9:17 am
NEW YORK (AP) — Sears filed for Chapter 11 bankruptcy protection Monday, buckling under its massive debt load and staggering losses. The question now is whether a smaller version of the company that once dominated the American retail landscape can remain viable or whether the iconic brand will be...
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