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“Sears poised to finally exit bankruptcy” Former Sears CEO Eddie Lampert has reached a settlement with his creditors to move Sears out of bankruptcy for a mere $179 million that would release the billionaire hedge fund mogul of any liabilities tied to the epic bankruptcy. After nearly four years, the largest, longest running bankruptcy could…
The familiar sights and sounds are still there: the scuffed and faded floor tiles, the relentless beige-on-beige color scheme, the toddlers’ clothes and refrigerators and pretty much everything in between. There’s even a canned recording that begins, “Attention, Kmart shoppers” — except it’s to remind folks about COVID-19 precautions, not to alert them to a…