125 Years Later, Sears Files for Bankruptcy
This article was originally published on ETFTrends.com.
On Monday, Sears Holdings (www.etftrends.com/quote/SHLD), once the largest U.S. retailer, announced that it has filed for bankruptcy protection after years of financial struggles. Eddie Lampert, who has served as the company’s CEO for the last five years, also announced that he will step down from the position, effective immediately, but will remain chairman. As part [...]