Retail News

Moody’s has negative outlook on Sears Holdings

TheStreet 09/14/2016

Moody’s has raised questions about the viability of both Kmart and Sears, as ongoing business concerns, particularly Kmart. The ratings service pointed to the continuing negative cash flow at both companies along with funding from lenders and investors that is subject to change.

 

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!