Sears bankrutpcy watch: Lampert and creditors face off in court today
by Lauren Zumbach, Chicago Tribune
Feb 04, 2019
4 minutes
Ever since Edward Lampert gained control of Sears Roebuck and Co. through his hedge fund's stake in Kmart back in 2005, he has held fast to a plan that he could make the combined giant into a vision of retailing's future, one that could compete with Walmart, and, more recently, Amazon. But for much of that time, reality has fallen far short of his vision, with a series of setbacks culminating in Sears' bankruptcy filing in October.
On Monday, Sears Holdings Corp., as the combined company is now known, and its creditors are expected to appear in court to
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