Sears Files for Chapter 11 Bankruptcy Protection
Posted on 10/15/18 @ 8:54 am ET    -   Comments

Early this morning Sears filed for Chapter 11 bankruptcy protection after securing a $300 million loan to keep their stores running and employees paid, at least for now.

Sears also announced that they will close 142 stores which is in addition to the 46 stores they previously announced would be closing by the end of the year. The Sears and Kmart web sites will remain functional as well during the attempted reorganization of the company.

While there is a good chance we'll still see a Sears Black Friday ad this year, this move appears to just be delaying the inevitable as many shoppers will avoid the longtime retailer. If you have Sears or Kmart gift cards or Shop Your Way reward points, use them as soon as you can.
Discuss this Story

Recent News


Here are the recent news posts made to the site. Note that you can always use our Twitter account or RSS feed to keep track of the latest news, or subscribe to the e-mail alert notification system to learn when new ads are posted.

Black Friday Countdown: 6 Months Until Black Friday 2019

Posted on 5/29/19 @ 8:48 am ET  -   Comments
We are officially half-way to Black Friday 2019! Today marks the 6 month point in the countdown towards the big day. We know many of you are getting excited about the big day and some are even putting off big purchases until... read more

Black Friday May Be Over, But The Deals Don't Stop on GottaDEAL

Posted on 12/1/18 @ 10:36 am ET  -   Comments
Now that Black Friday & Cyber Week are over, you may be thinking that the best deals are over as well. But as we've mentioned many times, GottaDEAL is open all year, 365/24/7. We post hundreds of deals each week on our... read more

Black Friday & Thanksgiving Ring Up Record Online Sales

Posted on 11/24/18 @ 6:14 pm ET  -   Comments
Online shoppers continued to drive record sales on Thanksgiving and Black Friday this year with equally impressive increases expected for Cyber Monday. According to Adobe Analytics, online sales on Thanksgiving Day rose to $3.7 billion, easily beating last year's record of $2.87... read more

Cyber Monday & Cyber Week Plans for Major Retailers Unveiled

Posted on 11/23/18 @ 5:16 pm ET  -   Comments
Several major retailers have announced their Cyber Monday or Cyber Week plans for this week:Walmart announced their Cyber Monday sales will go online on Sunday night at midnight EST (9pm PST). They'll have "thousands more deals this year compared to last year."Target... read more

Walmart Black Friday Sale Now Online!

Posted on 11/22/18 @ 1:11 am ET  -   Comments
Walmart has just started their Black Friday sale online and most of their specials are now able to be ordered on their site. Walmart has free shipping on orders over $35 or choose store pickup.View our exclusive listing of all the Walmart... read more

Kohl's Black Friday Sale Now Online!

Posted on 11/22/18 @ 1:11 am ET  -   Comments
Kohl's has just put their Black Friday sale online and you can now order many of their Black Friday ad items on their site. Be sure to use coupon code JOY for an extra 15% off your order. Note that most if... read more

Target Black Friday Sale Now Online!

Posted on 11/22/18 @ 1:11 am ET  -   Comments
Target has just launched their Black Friday sale online and most of their Black Friday specials are now able to be ordered on their site. Target is offering free shipping on all orders this year. View our exclusive listing of all the... read more