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Chapter 11 Watch: Sears Watch, Restaurant Woes And Kim Kardashian’s Bodyguard

PYMNTS

as one of seven major retailers who could face bankruptcy over the next two years, Sears CEO Eddie Lampert apparently felt the need to write a public blog post stating that the company had no plans to shut its Kmart stores , despite rumors to the contrary. “Recent reports have suggested that Kmart will cease its operations.

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Cyberattack Strikes Chinese Shipper Cosco

PYMNTS

According to the Wall Street Journal , the company said the attack hasn’t disrupted its global shipping operations. “So So far, all vessels of our company are operating normally, and our main business operations are stable,” Cosco said in a statement posted Wednesday (July 25) on its Facebook page. Last year, A.P.