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Sears News

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Developer plans to demolish Metcalf South Sears, construct 8-building mixed-use project
Although the former Metcalf South indoor mall was demolished in 2017, the Sears buildings at 9701 Metcalf Ave. are owned by Seritage Growth Properties (NYSE: SRG). Now, a year after the closing of the ...

Published: Nov 19, 2018 @ 11:43:00 PM
Source: The Business Journals

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Cyrus Offers Sears Cash to Settle Dispute Over Note Sale
Hedge fund Cyrus Capital Partners has had discussions with Sears Holdings Corp. to settle a dispute over the bankrupt retailer’s plan to raise cash by auctioning off a chunk of intercompany debt, acco...

Published: Nov 19, 2018 @ 04:08:00 AM
Source: Bloomberg L.P.

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Sears is just one of five retailers that have no room for error this holiday season
Retailers tend to ring up the majority of sales during the holidays, making the season particularly crucial for struggling companies. Sears needs a strong holiday season to help avoid liquidation. Nei...

Published: Nov 19, 2018 @ 07:07:00 AM
Source: CNBC

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Sears seeks big bonuses for top executives
Sears will seek court approval to pay the bonuses on Dec. 20 in White Plains, N.Y., bankruptcy court. Sears Holdings Corp. is seeking permission to pay its top executives millions of dollars in bonuse...

Published: Nov 19, 2018 @ 11:17:00 AM
Source: MarketWatch

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Hedge Fund Offers Truce to Save Sears Swaps Wager
One of Sears Holdings Corp.’s largest creditors is offering a settlement to dissuade the bankrupt retailer from launching an unusual bidding war that could upend a credit-derivative bet. Cyrus Capital ...

Published: Nov 19, 2018 @ 04:26:00 AM
Source: The Wall Street Journal

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Sears store down to its final week in Jackson
JACKSON, MI - Only a smattering of goods remain in Jackson's Sears store, as it prepares to close its doors. Sears, 1250 Jackson Crossing, is closing Sunday, Nov. 25, according to store signage. The c...

Published: Nov 19, 2018 @ 07:12:00 AM
Source: MLive

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Sears gets OK to sell profitable stores
Sears Holdings Corp. has received court approval to begin trying to sell its best-performing stores. According to court filings, Judge Robert Drain of the U.S. Bankruptcy Court for the Southern Distri...

Published: Nov 19, 2018 @ 06:46:00 AM
Source: The Business Journals

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Kitchener council rejects heritage designation for Sears building
KITCHENER — Council voted 7-3 Monday against protecting the distinctive concrete facade of the Sears building with a heritage designation. Building owner Cadillac Fairview wants to demolish the facade ...

Published: Nov 20, 2018 @ 02:41:00 AM
Source: Waterloo Region Record

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This Holiday Season, Struggling Retailers Like Sears and JC Penney Have No Room for Error
Despite all the changes in retail, one thing remains constant: the holidays are the most crucial season of year. With roughly $5 billion in debt and continued losses, the high-end retailer has a lot t...

Published: Nov 20, 2018 @ 02:55:00 AM
Source: NECN

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Bankrupt Sears wants to give executives $19 million in bonuses
New York (CNN Business) - Sears is seeking court approval to pay executives as much as $19 million in quarterly bonuses while the company struggles to restructure in bankruptcy. Three top executives c...

Published: Nov 19, 2018 @ 12:54:00 AM
Source: NBC15

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Sears catalog ‘kit homes’ from the early 1900s still exist today — and some are selling for millions of dollars
Perhaps the biggest story to hit the retail industry in 2018 was the news that Sears Holding, a 125-year-old retailer, once the nation’s largest, filed for bankruptcy protection in October. As shopper...

Published: Nov 18, 2018 @ 05:20:00 PM
Source: Bankrate

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Bankrupt Sears wants to give executives up to $25 million in bonuses
Sears is seeking court approval to pay executives as much as $25 million in annual bonuses while the company struggles to restructure in bankruptcy. Three top executives could get nearly $1 million ea...

Published: Nov 19, 2018 @ 10:46:00 PM
Source: Hartford Business Journal

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Video Results

Sears files for Chapter 11 bankruptcy
by Times of Oman
16 Oct, 2018 01:00 am Full Screen
Retailers that may benefit from a Sears bankruptcy
by Fox Business
15 Oct, 2018 05:08 pm Full Screen
Sears to close 142 more stores
by The Oregonian
15 Oct, 2018 10:37 am Full Screen
Sears files for Chapter 11 bankruptcy protection
by Associated Press
15 Oct, 2018 09:42 am Full Screen
Sears files for bankruptcy
by Fox Business
15 Oct, 2018 07:06 am Full Screen
Sears files for Chapter 11 bankruptcy protection
by Associated Press
15 Oct, 2018 04:33 am Full Screen
Sears may file for bankruptcy
by USA TODAY
11 Oct, 2018 12:25 pm Full Screen
Sears CEO proposes new plan to avoid bankruptcy
by Fox Business
24 Sep, 2018 10:06 am Full Screen
Why seeing Sears stores close hurts hearts
by USA TODAY
23 Aug, 2018 04:21 pm Full Screen
Sears adds merchandise to online marketplace
by Fox Business
06 Aug, 2018 11:06 am Full Screen
Sears and Kmart closing even more stores
by USA TODAY
02 Jul, 2018 05:05 pm Full Screen


 

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