(Reuters) – Sears Holdings Corp filed for Chapter 11 bankruptcy on Monday, throwing into doubt the future of the century-old retailer that once dominated U.S. malls but has withered in the age of internet shopping.
FILE PHOTO: A store closing sale sign is posted next to a Sears logo in New Hyde Park, New York, U.S., October 10, 2018. REUTERS/Shannon Stapleton
Sears listed assets in the range of $1 billion to $10 billion and liabilities in the range of $10 billion to $50 billion, according to a court filing.
Reporting by Rama Venkat in Bengaluru; Editing by Gopakumar Warrier
Our Standards:The Thomson Reuters Trust Principles.