Month: October 2018

Sears’ most valuable asset could be its billions in losses

Developers love net operating losses, and so do businesses. Losses over time become an asset that pays off when the tax man cometh. For Sears, this is a windfall arising from the failure of a marketing strategy that has come and gone.

From Chicago Tribune

Tax breaks mean the losses that drove Sears into bankruptcy could end up being a multibillion-dollar asset, especially for Chairman Edward Lampert.

Source: Sears’ most valuable asset could be its billions in losses