KM Financial Solutions | UPDATE 3-Sears, once a retail titan, files for Chapter 11 bankruptcy
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UPDATE 3-Sears, once a retail titan, files for Chapter 11 bankruptcy

UPDATE 3-Sears, once a retail titan, files for Chapter 11 bankruptcy

Sears Holdings Corp filed for
Chapter 11 bankruptcy on Monday with a plan to close about 142
of its 700 stores by the end of the year, throwing into doubt
the future of the century-old retailer that once dominated U.S.
malls but has withered in the age of internet shopping.

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