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In MSN: what's up with Sears in Mexico? Expansion Video
Sears will close 80 stores stores on the verge of settlement.
The sales icons, the chains in the U.S. department, have repeatedly set the deadline for the sale of purchases on Friday, to keep everything else closed.
Chains began as a catalog of e-mail sales in the 1880s, a downward trend in the downturn that was slowed down by large recession and then suffered by competitors, both physically and online.
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80 stores will be closed in March, will be added to 182 stores, which will be closed, including 142 at the end of 2018 and 40 more at the end of February. The company refused it in October, since the signaling closed only more than 20% of its facilities and maintained only 500 more profitable establishments.
Sears Holdings Corp., also managed by Kmart, is a list of retail sales absorbed by fund hedges.
With the death of Eddie Lampert's venture capital director, Sears has been winning a season for some stores and selling iconic brands like Artisan.
Lampert, the company's president and principal shareholder, lent his money and made agreements to keep the company and earn profits from the ESL risk fund. Lampert and ESL have bought $ 4,600 million in Sears cash and shares.
But at 4 in the afternoon, apparently from the east, nobody made an official offer. Sears did not comment.
More news on MSN: Ten world brands disappeared Ten world brands disappeared 1. Remington, typewriter
The famous mechanical mechanics were in the middle of the century. He first saw his first version in 1868 and he learned to write in one of them. However, Remington has never evolved.
2. BlockBuster, video rental
World movie and video game rental chains have more than 9,000 stores and more than 60,000 employees in 2004, according to official data. He did not have strategic planning, he named it a failure in 2010.
3. Virrey, cigars
Since 1936, the first cork filter was introduced. Although the brand is diminishing, Romania and the Middle East are still consuming.
4. Panamerican Airlines, Airline companies
It was an international United States since 1930. Due to the serious difficulties of managing its costs, especially due to the requirements that could create a gap in its security, the line was interrupted in 1991.
5. Sony Ericsson, mobile phones
Due to its excellent alliance of the mobile market, Sony Ericcson was one of the most important brands in 2001, sold over 24 million devices in the second quarter, and sold more than 100 million units in 2007.
6. MSN Messenger, instant messaging
Created by Microsoft In 1999, the instantaneous messenger over ten years was developed in Windows Live Messenger and the company abolished in 2011 when Skype's purchase changed completely.
7. Concorde, Airline Company
It was a wonderful engineering, it was the first supersonic aircraft for Concorde passengers. The destination reached the finish line on the regular plane. It was built in 1969 for 27 years, but its low profitability and a single accident occurred, which was launched in 2003.
8. Napster, Internet
Napster was born in the Boston classrooms and, despite its short history, is very important for the Internet age. They have created a file sharing concept in MP3 format, from point to point. This system soon became the most popular music in the world, causing the reaction of the affected courts. In 2002 he was bankrupt, but his innovative P2P system was transformed into the Internet and is still used today.
9. General Motors, automobiles
In the case of General Motors, it is probably the biggest failure in history. It was one of the most important brands in more than 100 years and was one of the biggest companies in the world, a serious defect in its customer care and product innovations. His deficiency prevented the survival of the crisis and finally failed in 2009.