Lansing Stores Stay Open, But Barely. Sears Is In Trouble
WILX.com reports that Sears is still struggling to keep any doors open approaching the holiday season.
According to the report, Sears received a $350 Million loan just to ensure it can stay open through the holidays. Cyprus Capital Partners are banking on a great holiday shopping season in store and online.
Sears recently filed bankruptcy and will close 170 of its 700 stores by year's end. So far, both the Lansing flagship store in Frandor and the Outlet Center in Delta Township remain open.
For full details, visit this link to WILX.com