After 125 years in business, Sears has contacted banks to arrange the financing necessary to file for bankruptcy. Here's a look at the rise and fall of the massive retailer.

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Sears Roebuck? I remember mum getting a catalogue in '68-a big thick book made of light paper with nice drawings of slim boys and girls in watercolours. What happened, America?

ChangeOrDie Video rental stores gone; and Redbox will be gone soon also.

Sad ending for a once great company.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sears arranges financing for a potential bankruptcy filing after 125 years in businessSears' move is the clearest sign yet that the retailer may finally file for bankruptcy after years of losses. The filing reportedly could come this week. SAD They've been hurting for decades does that include Kmart? They've been dying for years. And you watch, McDonald's is next.
Source: CNBC - 🏆 12. / 72 Read more »

Dow ends down 125 points, but downbeat finish belies a significant turnaround for stocksThis is utter bull pucky.
Source: MarketWatch - 🏆 3. / 97 Read more »