This isn't an actual announcement, it is just a legal requirement for the US version related to their financial statements. Management has to evaluate whether there is a reasonable uncertainty they can continue as a going concern. Since Sears will be toast at any time if suppliers stop extending them credit, they have to put it in for but covering reasons. If Eddie Lampert is still willing to spend the money they get from selling remaining valuable assets on operating losses they can keep going for a few more years. They just sold Craftsman, and they Kenmore plus the rest of their real estate would be worth something.
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