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Friday, November 11, 2016

Report: Suppliers Starting To Cut Sales To Sears And Kmart

Retailers’s shelves and warehouses are stocked up for the holiday season, but suppliers are reportedly holding back from the stores belonging to one company. Sears Holdings, the parent company of Sears and Kmart, reportedly is having shipments to its stores cut by suppliers, who don’t want to be stuck with the bill if the company files abruptly for bankruptcy protection.

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2 comments:

Anonymous said...

Sears went from being the world largest retailer to now on the verge of bankruptsy because their management was too stupid to figure out how to compete with a little mom and pop operation in Arkansas.Dumb ain't it?

Anonymous said...

To me that was their pride 3:08.It's strange how corporations refuse to follow in the tracks of proven success.