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The news that some lenders have urged Sears to file for Chapter 7 bankruptcy confirms our view that Sears is a firm without any real inherent value.

The news that Sears has hired advisors to prepare for a possible bankruptcy filing comes as no great surprise.

Sears Holdings Corp. is inching closer to filing for Chapter 11 bankruptcy protection.

Reports are circulating in the business press this week about an impending bankruptcy filing from Sears, but one Northeastern mall owner began preparing for this day years ago.

Sears Holdings Corp. has named a board member whose experience may come in handy in the near future.

The search is over — J.C. Penny has named Jill Soltau, a 30-year retail veteran, as chief executive officer.

Stein Mart is beefing up its presence in the Chicago area.

Sears chairman, CEO and biggest shareholder and creditor of Sears Holdings Corp., is making his biggest push to date to save the beleagured company from filing for Chapter 11 bankruptcy protection.