Sears creditors are alleging that ex-CEO orchestrated a massive scheme to strip the retailer of its assets.
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Sears' massive legal fees are adding up at a time it desperately needs cashSears' creditors are waiting to learn how much money they'll recoup from its bankruptcy case. The only thing that's certain: Whatever they get will be reduced by the tens of millions because of legal and other professional fees that are already mounting in the case.
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Gold’s Gym is taking over vacated Sears locationsAs retailers shutter stores, mall operators are expanding their portfolios to include health clubs and other businesses.
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Deal or no deal, Sears' challenges will boost Macy's, J.C. Penney and Dillard's businessEven if Sears' contested deal to save roughly 400 stores with ESL Investments secures approval from the bankruptcy judge, it faces challenges that could reap benefits for Macy's, J.C. Penney and Dillard's.
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