Entertainment Report

Sears, once the world’s biggest retailer, now faces bankruptcy

Name: Sears, once the world’s biggest retailer, now faces bankruptcy
Uploaded: 2018-10-10T09:50:12-07:00
Channel: NBC Palm Springs
Description: Sears, which was once the largest retailer in the world, is now reportedly facing bankruptcy. The company, which hasn’t turned a profit since 2010 and is $134 million in debt, recently approached several banks to prepare for bankruptcy filing, CNBC reported Wednesday. Shares plunged almost 20 percent on the news, and are set to open at […]

By: NBC Palm Springs

October 10, 2018

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