YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Sears owner threatens not to make $43M in payments

Posted online

The owner of Sears is threatening not to make $43 million in pension payments.

The plans were made public in court documents filed recently.

Former Sears Holdings Chairman and CEO Eddie Lampert, who purchased the struggling retailer, previously signaled plans to pay tens of millions of dollars to employees who lost their jobs.

Read more from CNN Business.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Business of the Arts: Colorful Surprises

Murals have the power to attract and fascinate.

Most Read
Update cookies preferences