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Sears skips payments to vendors

Sears has started to miss payments to vendors after sources said the U.S. department store operator was preparing to file for bankruptcy. Fred Katayama reports......»»

Category: videoSource: reutersOct 11th, 2018

Sears skips payments to vendors amid bankruptcy concerns

Sears has started to miss payments to vendors, adding to concerns about its future after sources said the U.S. department store operator was preparing to file for bankruptcy in the coming days......»»

Category: topSource: moneycentralOct 11th, 2018

Sears skips payments to vendors amid bankruptcy concerns

Sears Holdings Corp has started to miss payments to vendors, adding to concerns about its future after sources said on Wednesday that the U.S. department store operator was preparing to file for bankruptcy in the coming days......»»

Category: topSource: reutersOct 11th, 2018

Throughout Sears" long struggle, some vendors learned early to reduce their exposure

If Sears Holdings Corp. ends up in Bankruptcy C.....»»

Category: topSource: latimesOct 12th, 2018

Empty shelves, poor customer service behind Sears" demise

Shoppers, former employees, and vendors say Sears' problems include limited merchandise, poor customer service, and bad leadership. Fred Katayama reports......»»

Category: videoSource: reutersOct 12th, 2018

Why Shares of Sears Holdings Tumbled Today

Reports of missed vendor payments and lenders pushing for liquidation weighed on the stock......»»

Category: topSource: foxnewsOct 11th, 2018

Sears" pension liabilities may be a thorn in Kenmore sale

The PBGC won future cash payments in exchange for agreeing to last year's sale of Sears' Craftsman tool line......»»

Category: topSource: foxnewsAug 22nd, 2018

Air India seeks additional equity from government to pay vendors: source

State-owned carrier Air India has sought 21.21 billion rupees ($309 million) of additional equity from the government for the fiscal year 2018-19 to make pending payments to its vendors, a source at the airline told Reuters on Monday......»»

Category: topSource: reutersJul 30th, 2018

Delaying Payments to Suppliers Helps Companies Unlock Cash

Stanley Black & Decker has spent the past 12 years convincing vendors to give it a little more time to pay its bills—an effort that lets the tool maker invest that cash into its operations......»»

Category: smallbizSource: wsjJun 28th, 2018

Sears, Kmart stores ailing as CEO Eddie Lampert's hedge fund gets hundreds of millions

As many Sears and Kmart stores appear to be on life support, CEO Edward Lampert's hedge fund, ESL Investments, is getting $200 million to $220 million in annual loan payments while Sears ha.....»»

Category: topSource: usatodayJun 18th, 2018

What was it like to visit a Kmart store the day after Sears filed for bankruptcy

Sears filed for Chapter 11 bankruptcy protection on Monday, announcing it would close 142 Sears and Kmart stores. .....»»

Category: topSource: moneycentral1 hr. 10 min. ago

Payments Earnings Preview: Square, Global Payments, Worldpay Are "High-Conviction" Names

Shares of payment proce.....»»

Category: blogSource: benzinga8 hr. 10 min. ago

Those old Sears catalogs may be good for a trip down memory lane, but they probably won"t make you rich

Sears’ bankruptcy filing on Monday drummed up plen.....»»

Category: topSource: chicagotribune8 hr. 10 min. ago

The lessons we can all learn from Sears" branding blunders

Somehow, the tagline "Life. Well spent" just didn't cut it. Here's why......»»

Category: topSource: moneycentral8 hr. 10 min. ago

Lampert, Sears creditors gird for battle over recent asset sales

Creditors are sifting through the smoking ruins of Sears Holdings Corp.’s bankruptcy to question whether any of Eddie Lampert’s deals involving the bankrupt retailer were improper......»»

Category: topSource: moneycentral8 hr. 10 min. ago

Lampert, Sears creditors gird for battle over recent asset sales

Creditors are sifting through the smoking ruins of Sears Holdings Corp.’s bankruptcy to question whether any of Eddie Lampert’s deals involving the bankrupt retailer were improper......»»

Category: topSource: moneycentral8 hr. 10 min. ago

David"s Bridal Misses Debt Payment, Prepares To File Bankruptcy

Just days after Sears filed the largest retail bankruptcy yet, listing over $10 billion in liabilities on its Chapter 11 petition... Since June 2015, 65 retail chains have filed for ch. 11 relief. Ten of those companies reported more.....»»

Category: blogSource: zerohedge9 hr. 10 min. ago

Incubator sticks fork in Brooklyn kitchen hub, stranding vendors

The sudden shuttering of Pilotworks, a two-year-old food business incubator in Bedford-Stuyvesant, left 179 vendors scrambling for production space last weekend just before the lucrative holiday... To view the full story, click the title link......»»

Category: blogSource: crainsnewyork10 hr. 10 min. ago

Why Sears filed for bankruptcy in New York

When Sears filed for Chapter 11 bankruptcy Oct. 15 in suburban New York, it became the latest Chicago-area company to petition a court hundreds of miles from home. Forum shopping for large... To view the full story, click the title link......»»

Category: blogSource: crainsnewyork10 hr. 10 min. ago

Edward Lampert, the Hedge-Fund Star Who Bet on Sears, Is Unrepentant

He made billions for investors in his ESL Investments fund by bucking naysayers. At the storied American retailer, which filed for bankruptcy this week, his instincts proved wrong......»»

Category: smallbizSource: wsj10 hr. 10 min. ago

Sears Holdings: Can It Achieve Profitability With A Smaller Store Base?

Sears Holdings: Can It Achieve Profitability With A Smaller Store Base?.....»»

Category: topSource: seekingalpha14 hr. 25 min. ago