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Sears Death Spiral Accelerates: Vendors Halt Shipments…

August 25, 2017 at 4:17 pm

When we commented back in March on the unexpected “going concern” notice in Sears’ 10-K which sent the stock crashing, we pointed out the immediate spin provided by Eddie Lampert’s distressed retailer which promised that its comeback plan may help alleviate the concerns, “satisfying our estimated liquidity needs 12 months…

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