Please ensure Javascript is enabled for purposes of website accessibility

Sears Files for Chapter 11 Amid Plunging Sales, Massive Debt

NEW YORK — Sears filed for Chapter 11 bankruptcy protection Monday, with plans to shutter 142 unprofitable stores in the hopes that it can stay in business. The question now is whether a smaller version of the company that once towered over the American retail landscape can be viable. Sears,...

Help continue the work that gets you the news that matters most.

Search