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closings News

Sears prepares to liquidate as ESL bid fails to impress bankers

Tens of thousands of jobs are at risk after Sears Chairman Eddie Lampert’s bid to buy several hundred stores out of bankruptcy fell short of bankers’ qualifications, according to people with knowledge of the matter.

General Motors to close plants in Michigan, Ohio and Ontario

As part of its global restructuring program, General Motors will cut car production, stop building several slow-selling models, and slash its North American workforce by 6,300 people.

Walmart announces closing of dozens of Sam's Club stores

Walmart confirmed Thursday that it is closing dozens of Sam's Club warehouse stores across the country, laying off thousands of employees, on the same day it announced that it was boosting its starting salary for U.S. workers.
 

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A JC Penney Store in Aventura Mall in Aventura  Florida  image taken on February 21  2006.
A JC Penney Store in Aventura Mall in Aventura, Florida, image taken on February 21, 2006.
Jaranda
Sears Store in Southpoint Mall.
Sears Store in Southpoint Mall.
Via Wikimedia / 自行拍攝
A neighborhood center in the form of a strip mall  in Cornelius  Oregon
A neighborhood center in the form of a strip mall, in Cornelius, Oregon
M.O. Stevens
Inside an abandoned mall in Allen  Texas. The mall was the Belz Factory Outlet Mall  and was only ac...
Inside an abandoned mall in Allen, Texas. The mall was the Belz Factory Outlet Mall, and was only active from 1983-1987. It has been abandoned since.
Justin Cozart
A Walmart store  anchors  a shopping mall.
A Walmart store "anchors" a shopping mall.
Ben Schumin
A Sam s Club store in Maplewood  Missouri  a suburb of St. Louis.
A Sam's Club store in Maplewood, Missouri, a suburb of St. Louis.
Caldorwards4

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