There are strong indications that Sears has run out of money. Archives

daniel December 14, 2017 Amazon (NASDAQ: AMZN), Best Buy (NYSE: BBY), Home Depot (NYSE: HD), Is Sears out of Money?, Kenmore, Lowe’s (NYSE: LOW), Sears Holdings (NASDAQ: SHLD), Sears Incredible Losses, Sears is finished, Sears is finished but Kenmore might survive., Sears is now broke it had to borrow money from the Pension Benefit Guaranty Corporation, Sears’ Incredibly Shrinking Revenue, The next likely scenario is that Sears will sell off Kenmore, There are strong indications that Sears has run out of money.

Sears the Death Spiral Continues

There are strong indicates that Sears has run out of money. The company is unable to make payments on a $400 million loan that was due on June 30, 2018.

The next likely scenario is that Sears will sell off Kenmore, possibly to Amazon (NASDAQ: AMZN), Home Depot (NYSE: HD), Best Buy (NYSE: BBY), or Lowe’s (NYSE: LOW). Any of those companies would be smart to have Kenmore as an exclusive appliance brand. Sears is finished but Kenmore might survive.