The Daily Parker

Politics, Weather, Photography, and the Dog

Sears Death Watch

Sears Holdings Corp. now admits its totally foreseeable and totally preventable death may happen soon:

Sears Holdings Corp. acknowledged "substantial doubt" about its ability to keep operating, raising fresh concerns about a company that has lost more than $10 billion in recent years.

The retailer added so-called going-concern language to its latest annual report filing, suggesting that weak earnings have cast a pall on its future as a business.

How did this happen? Eddie Lampert killed it, possibly for sport.

Comments are closed