Sears is having a chance to stand on its feet again

Sears is having a chance to stand on its feet again

Lampert, Sears’ biggest lender and shareholder before it filed for bankruptcy, is giving Sears another chance to revive by providing a $5 billion offer, prevailed after a long negotiation that was held at the Manhattan offices of Weil, Gotshal & Manges LLP. Lampert is adding to the bid more cash saving by that up to […]

Sears closes Beatrice Hometown store

Sears closes  Beatrice Hometown store

Due to the current financial situation of the exhausted retailer Sears, the Hometown store in Beatrice is closing its gates next month. The store is still open for now because of the Sears bankruptcy according to Jonathan Davis, Beatrice store manager in an interview with the local news who said that the store is without an owner after […]

Kmart closes its store in Scott Depot

Kmart closes its store in Scott Depot

This Sunday will be the last day for Kmart in Scott Depot according to Kmart bosses. Customers are so upset seeing their favourite store closing its gates after more than 29 years of service. Parent company Sears Holdings is passing through “Hard Times” and sinking in debts, this what pushed it to close more than 142 […]

Sears is obliged to leave Jackson

Sears  is obliged to leave Jackson

Many Sears stores were closed this year and it is due to many factors, the main factor that the company is seeking balance to not sink in debts. After a former report by Sears says that its store in Jackson may close in November, and indeed it was true, the store now is closing and […]

Sears is closing around 40 stores

Sears is closing around 40 stores

  Problems do not stop knocking on Sears door. 2018 is not ending happily apparently and it is not bringing any good news so far. The retailer announced in the last week that it is closing more than 40 stores in the U.S only let along the stores planned to be closed in Canada. It […]

Sears is closing 142 stores and liquidating sales before the end of the year

Sears is closing 142 stores and liquidating sales before the end of the year

Those who follow supermarkets news will notice the number of the stores closed recently in all around the country , Sears chain is one of these supermarkets who is under the risk of tearing its sails and sink. According to Chapter 11 bankruptcy Sears failed to maintain its collection . Here is a list of […]

Sears is going through a crucial season

Sears is going through a crucial season

It is known that the holiday season is decisive period for all supermarket retailers around the globe, due to its importance in finishing the goods counted for the year, but it is more than that for Sears, its market-share is low comparing to the other retailers and this what puts it in a very embarrassing […]