The long-expected descent into bankruptcy listed estimated assets of $6.92 billion against liabilities of $11.3 billion, and although a full list of creditors has not been filed yet, a preliminary list showed Icon Health & Fitness as the retailer’s fifth largest trade creditor with a liability of $12,102,200. Filings showed that the combined Sears and Kmart stores controlled by ESL Investments, the fund run by Eddie Lampert, had sales in 2017 of $16.7 billion, down 53% over the past five years from an indicated $36.2 billion. In 2017 alone, it suffered a sales decline of $5.4 billion as comp store ... Log in to view full article.