Sears, as it nears bankruptcy, closes in on a deal for financing to stay alive until Christmas

Sears plans to file for bankruptcy as soon as this weekend. It has roughly 900 stores and employs roughly 90,000 workers.

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17 Related Articles from 2018-10-11

Big Lenders Make Push to Liquidate Sears. Sears Holdings met with lenders to discuss emergency financing for the embattled retailer. Lenders are pushing for the company to liquidate its assets, as opposed to reorganizing the business. The meeting ended without an agreement. >>

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Sears skips payments to vendors amid bankruptcy concerns. By Richa Naidu and Jessica DiNapoliOct 11 (Reuters) - Sears Holdings Corp has started to miss payments to vendors, adding to concerns about its future ... >>

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CNBC: Sears, as it nears bankruptcy, closes in on a deal for financing to stay alive until Christmas

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17 Related Articles from 2018-10-11