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Fate of Sears uncertain as more stores close

Fate of Sears uncertain as more stores close

October 12, 2018 09:56 PM

Sears aims to close up to 150 more stores and keep another 300 open as part of a plan to restructure under U.S. bankruptcy protection.

That's according Reuters, citing people familiar with the matter.

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The plan would leave the fate of roughly 250 stores uncertain.

On Friday, Sears made progress in its negotiations with banks for financing to keep it afloat through the holiday season while in bankruptcy court.

WHECTV

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