💥New Chapter 11 Bankruptcy: Sears Holdings Corporation💥
The Storied Retailer Finally Goes Bankrupt
October 15, 2018
Finally.
Early this morning, Illinois-based Sears Holdings Corporation ($SHLD) and approximately 49 affiliated entities (including KMart) finally filed for chapter 11 bankruptcy. The company lists a staggering $11.339 billion of total debts and $6.937 billion of assets.