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Creditors Urge Sears To Shut Down All Stores

2018-11-14 2 Dailymotion

Business Insider reports that Sears' unsecured creditors are urging the company to shut down all of its remaining stores.<br />In a bankruptcy filing, the creditors slammed Sears' plan to stay in business as "nothing more than wishful thinking."<br />The creditors also called Sears plans to stay in business "an unjustified and foolhardy gamble with other people's money."<br />Sears has proposed cutting its store count to roughly 400 profitable stores. <br />

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