Retail News

Former Sears CEO says chances for chain to rebound from bankruptcy are slim

CNBC 01/24/2019

Alan Lacy, former CEO of Sears, says the company’s recent Chapter 11 filing doesn’t bode well for its future prospects. “It’s doubtful and unlikely that a retailer that goes into a Chapter 11 process comes out of it and stays out of it,” said Mr. Lacy

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