© Yelena Rodriguez Sears_36334253

Forwarders and manufacturers have been warned to be wary of contracts with Sears after the US retailer admitted “substantial doubt exists related to the company’s ability to continue as a going concern”. According to Reuters, suppliers have gone into defensive mode, wary of losing payments if the retailer fails. A former Sears executive said suppliers would likely ship smaller quantities, asking for swift payment, to stores that are already “pathetically badly inventoried”. However, Sears’ CFO said the business was “viable”, ...

Please Register

To continue reading, please login or register for full access to our free content
Loadstar subscriber
New Loadstar subscriber REGISTER

Comment on this article


You must be logged in to post a comment.

    Topics

    Sears