All Posts in #Sears
With Lack of Investment In New Private Label Brands – Sears Is Done
Sears could only be a few days away from filing bankruptcy, according to recent reports. The parent company, Sears Holdings, faces an October 15 deadline to pay $134 million on its debt. Ray Wimer is an assistant professor of retail…
Say Goodbye to Sears and Shoppingtown Mall?
Announced in late May, Sears reports it will be closing the Shoppingtown Mall location by the end of July 2018. The company has struggled to keep up with the current changes of the world, experiencing great difficulty with the transition from…
Bye, Bye Sears. Is Shoppingtown Mall Next?
At the end of July 2018, Sears will no longer be a part of the Shoppingtown Mall. Due to this, it’s predicted that Shoppingtown Mall will suffer furthermore. Patrick Penfield, professor of supply chain practice at the Whitman School, told CNY…
Latest Sears’ Announcement is Really About Private Brand Portfolio
Sears announced today that it plans to close 72 non-profitable stores as “part of ongoing efforts to streamline the company’s operations.” The list of exact stores that will be impacted will be announced later on today. Ray Wimer is an…