VMS_1170x120_10-22-20

Chapter 11 bankruptcy protection

Sears files for Chapter 11 bankruptcy

Sears files for Chapter 11 bankruptcy

HOFFMAN ESTATES, Ill. — Sears Holdings Corp., the corporate parent of two storied firms that once ranked as the nation’s two largest retailers, announced Monday morning that it had filed for Chapter 11 bankruptcy.  The company’s reorganization plan calls for the closure of 142 additional Sears and Kmart stores, in addition to the previously announced