A bankruptcy judge on Thursday blessed a $5.2 billion plan by Sears chairman and biggest shareholder to keep the iconic business going.
Sears will live on — at least for now.
Sears Holdings Inc. recorded a hefty second-quarter loss Thursday on another sales slump, raising more concerns about the future of a company that once was a staple of American shopping.
A federal judge has denied a request from Kmart Corporation to file a corrected report on testimony of its engineering expert in a lawsuit over flood damage to one of its stores in Corinth.
GULFPORT — Kmart has announced that it will be closing stores in Waveland and Gulfport in south Mississippi. The closings are scheduled for mid-November. The
Few details are being released about the closure of the Sears store in Columbus’ Leigh Mall.
Sears Holding Corp. announced two days after Christmas the Columbus store is one of three in the state to be closed due to poor profit performance.
The Sears store at Leigh Mall is one of three that Sears Holdings plans to close in Mississippi. However, employees at the store were not aware of the closure late Thursday afternoon.
Sears Holdings Corp. announced Tuesday plans to close 100 to 120 stores after 2011 losses. However, the status of individual stores is still unknown. Sears includes Kmart stores and the Lands’ End brand.
OMAHA, Neb. — The young father stood in line at the Kmart layaway counter, wearing dirty clothes and worn-out boots. With him were three small children.