Things aren’t looking good for Sears these days. Despite last-minute efforts to save the company, the numbers just aren’t adding up:
“Sears also now expects negative operating cash flow in the weeks leading up to Christmas and net cash flow before financing of minus $434 million for the 13 weeks through Feb. 16. The revised figures were included in documents filed late last week with the federal bankruptcy court handling the case. A Sears representative declined to comment.”
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