Sears Files For Chapter 11 Bankruptcy
(Undated) — Sears is filing for bankruptcy protection. The company that once dominated retail in America is filing for Chapter Eleven in an effort to reorganize and try to find ways to survive. Sears stores anchored malls across the country before internet shopping drastically changed the retail landscape. Sears’ bankruptcy petition shows assets of one-billion to ten-billion dollars and liabilities between ten-billion and 50-billion dollars.
Copyright © 2018
TTWN Media Networks LLC