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EagleBank Presents: 15 Things You Need to Know

Washington, D.C. Morning Brief Washington DC
Washington, D.C. Morning Brief
October 16, 2018 Bisnow
EagleBank Presents: 15 Things You Need to Know
Sears Files Chapter 11 Bankruptcy:
Here’s What You Need To Know 
The ongoing saga of the rise and fall of century-old department store chain Sears is nearing its end. The Illinois-based retailer officially filed for bankruptcy Monday after years of financial struggles and a mountain of debt it has been unable to pay down, including a $134M debt repayment that was due by Monday. Sears online and in-store business will continue to operate as normal during bankruptcy proceedings.  

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