A couple of tool manufacturers with a big presence in Greater Baltimore could lose millions of dollars as a result of Sears filing for bankruptcy protection. Sears Holding Corp., which owns Sears and Kmart, filed for Chapter 11 protection on Monday in U.S. Bankruptcy Court in White Plains, New York. The staggering demise of the 125-year-old retailer is expected to have ripple effects in the form of store closures and millions of dollars not being paid to creditors. Sparks-based Apex Tool Group…
from https://www.bizjournals.com/baltimore/news/2018/10/15/sears-bankruptcy-stanley-black-decker-apex-tool.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/179082597902
No comments:
Post a Comment