Entries by Diane McDermott

Sears’ clearance sales will likely be full of steep discounts, but one key uncertainty could keep shoppers from biting

Sears has filed for bankruptcy and said it is closing 142 stores before the end of the year. GlobalData Retail’s Neil Saunders says it is wise for these stores to stay open for the holiday shopping season in order to clear out inventory, but he warns that customers may be turned off of the deals because of the uncertainty around warranties.