October 15, 2018 3 minutes

Sears Files for Chapter 11 Bankruptcy Protection

Flash Report
Primary Analyst:
Coresight Research
Contributors
Primary Analyst:
Coresight Research
October 15, 2018 3 minutes

Executive Summary

  • Sears Holdings has filed for Chapter 11 bankruptcy protection.
  • The company plans to close a further 142 stores by the end of the year.
  • Edward Lampert has stepped down as CEO.

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