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Dr Lizardo10/10/2018 7:44:31 am PDT

Don’t know if it was posted here earlier, but it’s looking like it might well be the end of the road for Sears.

Sears Holdings is getting things in order for a bankruptcy filing that could come sometime this week.

The retailer has reportedly hired M-III Partners to make the preparations for the filing, people familiar with the situation tell Dow Jones Newswires.

A debt payment deadline may be the final straw.

Sears has $134 million in debt due on Monday.

In recent days, M-III staff have been at the retailer’s headquarters in Hoffman Estates, Illinois, one person said.

Sears continues to discuss other options and could still avert an in-court restructuring, the people added.

Sorry about the source (Fox Business) but it is newsworthy. foxbusiness.com

Sears was my first real adult job; I learned a lot about retailing, customer service, and marketing and the crew I worked with - this was in the early-to-mid 1990’s - were a solid bunch. The store I worked at is one of those slated to close next month (columbian.com).