Sears bankruptcy – Here’s what Shop Your Way Customers need to know

Sears store closing sale – Photo Credit: Vernon Morning Star

I have some sad news to share with you guys today! Sears Holding Corp, which owns retailers Sears and Kmart, has filed for bankruptcy protection today. The chairman Edward Lampert is stepping down as CEO and 142 stores will be closing, in addition tothe 46 stores that have already previously been announced.