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Sears Hometown & Outlet gets hometown recognition
Hoffman Estates, Ill. - Sears Hometown and Outlet Stores Inc. is getting a little love from its hometown. For the third consecutive year, Sears Hometown and Outlet Stores has been recognized as one of “Chicago's Best and Brightest Companies to Work For” by the National Association for Business Resources.
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Major grocery chain files chapter 11; sells stores for $600 million
Montvale, N.J. – The rumors are true. As expected, the Great Atlantic & Pacific Tea Company Inc. (A&P) has filed for Chapter 11 bankruptcy.
In a brief statement on its website, privately held A&P says it has secured financing of $100 million and voluntarily filed for chapter. A&P has also entered agreements to sell 120 stores for $600 million and will close more of its 296 stores in the near future.

