Here Are Sears Holding’s Five “Fraudulent Transfers” and Why “Culpable Insiders” Lampert, Mnuchin, et. al Got Sued by Wolf Richter • Apr 18, 2019 • 63 Comments Greed and scheming dominated the five deals: SHO, the spinoffs of Orchard, Sears Canada, Lands’ End, and the putrid Seritage deal.
It’s Over for Sears Canada by Wolf Richter • Oct 10, 2017 • 70 Comments Liquidate, close all stores, lay off 12,000 people. Brick & mortar meltdown.
Sears Canada Melts Down by Wolf Richter • Jun 22, 2017 • 42 Comments Goes Bankrupt. Lays Off 2,900 People. Shareholders rue the day.
Sears Canada Hires Bankruptcy Advisory Firm by Wolf Richter • Jun 13, 2017 • 51 Comments Same top firm that represents Target Canada in its insolvency proceedings.
‘Footprint Rationalization’: Sears adds to Woes of Canada’s Malls by Wolf Richter • Jan 26, 2016 • 36 Comments The industry spirals into turmoil.