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Sears owes these 7 suppliers — and many more — millions in payments

October 25, 2018

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A decade of falling revenues and store closures raised red flags for Sears’ suppliers.

“I suspect, but cannot confirm, it was risky for suppliers to sell their products through Sears,” Peter Edlund, senior vice president at DiCentral, a supply chain software company, told Supply Chain Dive in an email. “Why would they sell their wares through a struggling brand?”

That was a question many vendors pondered and some acted on by scaling back inventory shipments to Sears or expanding their distribution to other outlets.

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