Tuesday, November 13, 2018

Creditors urge Sears to shut down all its stores, calling its plan for survival 'wishful thinking'

Business Insider
Sears' creditors are demanding that the company shut down all its remaining stores.

The retailer's plan to survive bankruptcy is "nothing more than wishful thinking" and "an unjustified and foolhardy gamble with other people's money," a group of unsecured creditors has declared in a new filing. . . . more