The trend of retail chain store closures in the U.S. continues, with Sears and Kmart part of the latest such news. Earlier this week, Sears Holdings Corp. announced that, as a cost-cutting measure, it will be closing a number of Sears and Kmart stores throughout...
January 16, 2019
In a development that is said to prevent Sears Holdings Corp. from closing all of its locations, Edward Lampert has reportedly won a bankruptcy court auction for the retailer. The hedge fund executive is said to have had negotiations with the retailer’s creditors and board that took place over multiple days, The Wall Street Journal […]
January 15, 2016
The trend of retail chain store closures in the U.S. continues, with Sears and Kmart part of the latest such news. Earlier this week, Sears Holdings Corp. announced that, as...
