Tag Archives: Bankruptcy
Sears hopes to sell its home improvement business to Service.com
Bankrupt retailer Sears announced that it's seeking permission to sell its home improvement division to a key rival partly responsible for its downfall. Pending trustee approval, it will sell the business to Service.com, an Airbnb-like service that h...
Sears and Kmart Black Friday 2018: Ads, Deals and Bankruptcy
Sears and Kmart Black Friday 2018: Ads, Deals and Bankruptcy
Sears, the Amazon of its day, files for bankruptcy
Sears, which invented the strategy of selling everything anyone with a mailing address long before Amazon, has been mortally wounded by its spiritual successor. After nearly a decade of struggle, the US retailer announced that it has filed for bankru...
Sears Files for Chapter 11 Bankruptcy
Sears Files for Chapter 11 Bankruptcy
Sears May File for Bankruptcy ahead of Black Friday 2018
Sears May File for Bankruptcy ahead of Black Friday 2018
Toys ‘R’ Us could make a comeback?
After entering Chapter 11 protection last fall, Toys 'R' Us announced in the spring that it would sell off international operations and shut down in the US. Now, its top lenders -- the billions of dollars in debt it carried did more to kill the chain...