Sears Hasnt Fared Better After Bankruptcy as Another 100 Stores Will Soon Close – The Wall Street Journal

Searss bankruptcy filing was supposed to give the troubled retailer a fresh start. But a year later, the chain is still struggling with many of the same problems it faced before it sought court protection.

Roughly a quarter of the 425 Sears and Kmart stores that financier Edward Lampert bought out of bankruptcy have closed or are closing, according to people familiar with the situation, a retreat the chains havent fully disclosed.

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Sears Hasnt Fared Better After Bankruptcy as Another 100 Stores Will Soon Close - The Wall Street Journal

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