Sears suppliers haunted by ghost of Toys R Us [MSN Money]
VictoryShares Protect America ETF (SHLD)
US:NASDAQ Investor Relations:
searsholdings.com/invest
Company Research
Source: MSN Money
NEW YORK — The ghost of Toys R Us is haunting Sears suppliers. Load Error Since filing for Chapter 11 bankruptcy, Sears Holdings Corp. has been trying to convince suppliers to keep shipping it merchandise by touting the $300 million in financing it has secured so that its business can continue operating through the holidays. But a growing number of manufacturers who themselves got hurt or watched others get burned by Toys R Us' quick demise are still nervous. Many manufacturers have already been keeping Hoffman Estates, Illinois-based Sears on a tight leash over the past few years as they watched its fortunes spiral downward. But their reluctance to work with the retailer heading into the holiday shopping season is a major blow to its survival. The fate of Sears, which also operates Kmart, depends on a critical flow of goods to its stores. Without a generous supply of merchandise, even the company's dwindling base of customers may not shop there, hurting sales even
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