Sears, which has dozens of locations across the Carolinas, has filed for Chapter 11 bankruptcy protection with plans to keep hundreds of stores open — for now — under a deal reached with its lenders. Meanwhile, the retailer's chairman, Eddie Lampert, has stepped down from his post as CEO, effective immediately. Illinois-based Sears Holdings Corp. (NASDAQ: SHLD) filed for bankruptcy in the U.S. Bankruptcy Court for the Southern District of New York in White Plains early on Monday. Sears has…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2018/10/15/store-closures-to-hit-charlotte-market-as-sears.html?ana=RSS&s=article_search
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