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#charge

Every story tagged #charge on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

1 story in this topic

sears
General
1 min read

Sears to be fined US$443 million

Bankrupt U.S. retailer Sears has been hit with a charge of approximately US$443 million due to store closures. The charges relate to markdowns, severance costs and lease termination costs related to the business’ Chapter 11 bankruptcy, filed due to its…