Latest News Updates From Anne D’Innocenzio

Business

Sears Files for Chapter 11 Bankruptcy Amid Plunging Sales, Massive Debt

NEW YORK — Sears filed for Chapter 11 bankruptcy protection Oct. 15, buckling under its massive debt load and staggering losses. The question now is whether a smaller version of the company that once towered over the American retail landscape can remain viable or whether the iconic brand will be forced out of business

October 15, 2018
Business

Four Reasons Why Shoppers Are in the Mood to Spend

NEW YORK — The store isn’t dead for ºÚÁϳԹÏÍø Depot, Kohl’s, Best Buy or Target. Many traditional chains have posted strong sales, both online and at stores, as people are in a mood to spend.

August 29, 2018