Could this be the last holiday shopping season for Sears?
Could this be the last holiday shopping season for Sears?
Sections
Extras
Watch Now
Could this be the last holiday shopping season for Sears?
Many retailers that populated the nation's malls have run into severe financial stress or gone out of business in recent years.
Sears’ Spokane Valley Mall location will close by February -- this comes amid an aggressive series of closures by owner 'Transformco' to turn the retail chain around.
Sears, once the dominant big box retailer with thousands of stores around the United States, continues to see its footprint decimated as its owner fights to bring it back from the brink.
Sears filed for bankruptcy a year ago today. And while the company used the process to shed debt, get out of store leases it didn't want and dodge liquidation, the last 12 months have hardly been a success.
More than two dozen Sears and Kmart stores are closing, as the company continues to struggle after emerging from bankruptcy.
The NorthTown Mall Sears will close later this year.
Sears has decided to roll out a new logo, which may look familiar to you. Depending on how often you rent vacation homes, it may look very familiar.
The next week could determine whether Sears, once the nation's largest and most important retailer, lives or dies.
If Sears emerges from bankruptcy this month, the company will probably close dozens more stores by the end of the year.
Swedish appliance maker Electrolux says it will close a manufacturing plant in Memphis, as the household appliance business contends with higher steel prices and Sears' bankruptcy.
The feds have chosen a side in the fight to save Sears.
No matter what happens in bankruptcy court, Sears faces a grim future. So why is chairman Eddie Lampert fighting so hard to keep it alive?
Sears' creditors are waiting to learn how much money they'll recoup from its bankruptcy case. The only thing that's certain: Whatever they get will be reduced by the tens of millions because of legal and other professional fees that are already mounting in the case.
Sears creditors are still trying to stop chairman Eddie Lampert from buying the beleaguered retailer.
Eddie Lampert's plan to save Sears cost an extra $200 million before it became official.
If Sears dies, does that save rival JCPenney?
Sears reached an 11th-hour deal Tuesday to remain open -- at least for now.
Even if Sears survives bankruptcy, there will be a wide swath of America that no longer has any of its stores.
Will Sears survive? The world will probably know within a few weeks.
Spokane's last Kmart store will close in late March, as part of Sears Holdings' ongoing liquidation process.Kmart has been in business on 4110 E. Sprague Ave. for more than 50 years. It's one of 80 Kmart and Sears locations nationwide…
In the early 1990s, the bold blue letters of a Sears sign were raised above the entrance to one of four anchor stores at the sprawling new Mall of America near Minneapolis. In the heyday of shopping malls, it was evidence of the century-old retailer's enduring success.
Sears continues its struggle to survive.
Sears is nearing a crucial deadline that could determine whether it survives.