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End Of An Era - Sears Declares Bankruptcy
Frank Underwood 10/16/2018 12:23:49 AM

I think it was the pension plans that killed #Sears. Newer companies like #Amazon don't have to contend with that at all. It cost Sears billions that it could have used to generate revenue. I think that more than anything else is what sealed $SHLD's fate.

American Icon Sears Run Into Ground
Frank Underwood 10/16/2018 12:22:52 AM

I think it was the pension plans that killed #Sears. Newer companies like #Amazon don't have to contend with that at all. It cost Sears billions that it could have used to generate revenue. I think that more than anything else is what sealed $SHLD's fate.

End Of An Era - Sears Declares Bankruptcy
Alpha Stockman 10/16/2018 12:20:38 AM

Good one. "Like an obituary..." I like that! But this was breaking news and published pretty quickly after the news broke. I actually read about it here first. Breaking news stories are always short since there isn't much info out there yet.

I did see a follow up article on $SHLD today though: www.talkmarkets.com/.../american-icon-sears-run-into-ground

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