Sears at Risk of Bankruptcy, Says Fitch Report

Sears (NASDAQ: SHLD) has not had an easy go of it recently. The company has been closing stores while denying rumors that it plans to shut down entirely. In addition, the struggling retailer had to borrow $300 million from a hedge fund controlled by its CEO Eddie Lampert, adding to the $750 million in Sears debt he already owns. …read more

Read more here: Sears at Risk of Bankruptcy, Says Fitch Report

Category: SHLD

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