Sears department stores could be down to their final hours.
The 125-year old company filed bankruptcy in October and it now appears its Chairman, Eddie Lampert, may be its last hope. He has until 1:00 p.m. Friday to make a bid for the chain. But it's unclear whether he had lined up enough funding.
Lampert or someone else does not make a bid, the company faces liquidation. Sears also owns Kmart, which would also go out of business.