An 87-year-old woman says she went without a working refrigerator for almost a month, until she contacted the ABC7 I-Team.
A bankruptcy judge has blessed a $5.2 billion plan by Sears chairman and biggest shareholder Eddie Lampert to keep the iconic business going.
Sears will live on - at least for now. The company's chairman and largest shareholder and chairman, Eddie Lampert, won a bankruptcy auction for Sears in New York, according to a source familiar with the negotiations.
The iconic Sears is on life support. Both Sears and its Kmart stores are struggling to stay open, facing potential liquidation. Sears is currently considering a revised bid from its chairman to save 425 Sears and Kmart stores and tens of thousands of workers.
Sears was facing the possibility of shutting down, until it reached an 11th-hour deal Tuesday to stay open, at least for now.
The future of Sears is still up in the air, but it appears the end could be near for the iconic Chicago retailer.