BCR Advisory team

Sears Enters Death Spiral: Vendors Halt Shipments, Insurers Bail

This article was sourced from Zero Hedge.  When we commented yesterday morning on the unexpected “going concern” notice in Sears’ just filed 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 […]