Thursday, October 25, 2018

Sears' future in doubt as Chairman Eddie Lampert looks for more protections

CNBC
Sears Chairman Eddie Lampert seemingly swooped in once again to save Sears, with a plan to pay to support it through its bankruptcy operations. Now, though, there is a new catch. He will only put in more money if his investment is further protected.

If that catch isn't resolved, it could cast Sears' future in serious doubt and lead to the end of the famed retailer.. . . more