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125-year-old Sears to file for bankruptcy: reportSears, which was once the largest retailer in the world, is now reportedly facing bankruptcy.
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Sears was 'toast' ever since its 2005 Kmart merger, says former Sears Canada CEOSears may have just filed for bankruptcy, but the giant retailer 'was toast about a day after it closed' its merger with Kmart back in 2005, says former Sears Canada CEO.
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Sears to close 80 more Sears and Kmart stores: Here's the listAs Sears Holdings' bankruptcy effort awaits a potential bidder, the company announced 80 more Kmart and Sears stores it will close within two months.
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Ex-Sears CEO Eddie Lampert orchestrated 'scheme' to 'steal' Sears, creditors allegeSears boss and investor Eddie Lampert orchestrated a 'multi-faceted scheme' to strip the company of assets, major creditors alleged.
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