Report on Zero Hedge:
https://www.zerohedge.com/news/2018-10-09/sears-preparing-file-bankruptcy-soon-week
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From the article:
"The neverending saga of the world's longest melting ice cube, that of Sears Holdings which has flirted with bankruptcy for years only to get bailed out in the 11th hour by its biggest investor and CEO Eddie Lampert each and every time, is finally coming to its logical end..."