Media Tip Sheets
Sears could alone be a few canicule abroad from filing bankruptcy, according to contempo reports. The ancestor company, Sears Holdings, faces an October 15 borderline to pay $134 actor on its debt.
Ray Wimer is an abettor assistant of retail convenance at Syracuse University’s Martin J. Whitman School of Management. Assistant Wimer says Sears’ abridgement of advance in new brands and its all-embracing bottomward trend in commodity and retail achievement credibility to the end of canicule for the above retail heavyweight.
“The adventure of Sears over the accomplished year has been about the debt bearings and aggravating to rework the debt payments advancing due. The bigger affair that has not been discussed is the absolute commodity and the retail achievement of the aggregation that has been on a bottomward trend the aftermost 10 years.
“Look at J.C. Penney (that has some agnate banking issues) – ablution a new cast Peyton & Parker on aing Friday. I can’t bethink the aftermost time Sears launched a new cast to accelerate the barter to shop.
“All above retailers accept been heavily invested in new clandestine characterization brands this year. Not Sears. I anticipate we are seeing things advancing to the end for Sears.”
To appeal interviews or get added information:
Daryl LovellMedia Relations ManagerDivision of Communications and Marketing
T 315.443.1184 M [email protected] | @DarylLovell
820 Comstock Avenue, Suite 308, Syracuse, NY 13244news.syr.edu | syracuse.edu
11 Taboos About Private Label Merchandise You Should Never Share On Twitter | Private Label Merchandise – private label merchandise
| Encouraged for you to my blog, with this moment I’m going to show you concerning private label merchandise