CG: Will Sears Holdings Survive 2018?

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6 • 854 Ratings

🗓️ 23 October 2018

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

After more than a decade of declining revenue and mounting losses, Sears Holdings filed for bankruptcy protection in October. While Chairman and major shareholder Edward Lampert hopes to salvage 400 of the company’s best stores, the fate of this nearly 130-year-old American brand is anything but certain. We look at what lies ahead for Sears and how major competitors might benefit from its absence.

Transcript

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0:28.8	Welcome to the industry focus to podcast that dives into a different sector of the stock market every
0:32.2	day. I'm your host, Vincent Shen.
0:33.7	It's Tuesday, October 23rd. We've got bankruptcies on our mind today. Fools
0:38.4	following the official announcement from Sears last week that the company would be
0:42.0	entering Chapter 11 reorganization
0:44.8	proceedings.
0:46.2	So on tap for the show will be a look at what options Sears has going forward and how
0:51.0	this latest retail casualty will affect some of the big peers in the industry.
0:55.6	For this discussion I'm enlisting the help of senior Molly Fool contributor Adam Levine
1:00.0	Weinberg who's joining us via Skype from Sacramento, California.
1:03.2	Hey Adam, it's been too long man, how's it going?
1:05.4	Good, how are you, Vince?
1:07.2	Thanks for happening on today.
1:08.6	I'm good.
	...

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