Brick & Mortar Meltdown’s Ugly Week in Record-Ugly Year by Wolf Richter • Aug 9, 2019 • 113 Comments Store liquidations in 2019 have blown past the full-year total of 2018. The phenomenon is proceeding with relentless momentum.
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.
Dead Meat Walking: Why Sears Will Be Liquidated by Wolf Richter • Oct 15, 2018 • 72 Comments Bankruptcy can only restructure debts; it cannot revive mutilated brands and bring back mauled customers.
My “Free” Advice for Sears Holding CEO Eddie Lampert by Wolf Richter • Sep 14, 2018 • 103 Comments “Don’t write any more blog posts to blame pensioners for the collapse of Sears Holding after you wasted $5.8 billion on share buybacks.”
Dead Meat Walking: Sears Revenue & Store Count to Hit Zero by 2020 by Wolf Richter • Sep 13, 2018 • 54 Comments Defying my dictum that nothing goes to hell in a straight line.
Sears is Dead Meat Walking, after Horrid Holiday Quarter by Wolf Richter • Mar 14, 2018 • 41 Comments Why is Sears’ CEO still touting “progress,” even in SEC filings? Why not tell investors the truth, for once?
Sears Holdings Exhausts its Last Credit Facility by Wolf Richter • Oct 31, 2017 • 49 Comments It risks running out of money just before the holiday selling season.
Why Did Sears Holdings’ Largest Outside Shareholder Suddenly Jump Overboard? by Wolf Richter • Oct 16, 2017 • 44 Comments 4th director to quit in 10 months. Bankruptcy prospects heat up.
Sears Revenues to Hit Zero in 3 Years. But Bankruptcy First by Wolf Richter • Aug 25, 2017 • 72 Comments This baby is going down the tubes at an ever faster speed.
Sears Revenues Plunge, to Hit Zero in 3 Years, Shares Jump by Wolf Richter • May 25, 2017 • 80 Comments The ingenious strategy of cost-cutting and store-closing your way out of trouble: Pretty soon, it leads to zero.
