The life-or-death decision will ride with US Bankruptcy Court Judge Robert Drain. And a key part of his decision will ride on how good Sears' holiday sales turn out to be. Do-or-die holiday salesSears has indicated holiday sales are not going as well as it had hoped. That's what happened with Toys "R" Us last year: Its hopes of staying in businesses vanished with weak holiday sales and continued losses. A plan to kill SearsSome Sears creditors, including landlords and vendors, believe shutting down the company is the best way to retrieve the greatest portion of the money Sears owes them.

Source: CNN December 20, 2018 18:56 UTC