Matt Townsend and Lauren ColemanLochner

Business, Logistics

Some Suppliers Cautious After Sears Files for Bankruptcy

Sears store Patrick T. Fallon/Bloomberg News

Shortly after filing for bankruptcy earlier this week, Sears Holdings Corp. sent a letter to suppliers asking for their “ongoing support.” That’s been a difficult pitch. Some vendors have stopped shipping products to the retailer over concerns they won’t get paid, according to people with knowledge of the situation, who asked not to be identified because the talks are private.

October 19, 2018