Sears Hometown Files for Chapter 11, Citing Lack of Inventory and Heavy Liabilities
Retail TouchPoints
DECEMBER 14, 2022
Sears Hometown Stores , an offshoot of the original department store, has filed for Chapter 11 bankruptcy in Delaware. The “original” Sears reached a $175 million settlement with former CEO Eddie Lampert in August 2022 to clear the way for a long-delayed bankruptcy plan. Sears Hometown itself was spun off from the main company in 2012.
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