Sears is on the verge of declaring bankruptcy. All department stores have faced increased competition from Amazon.com, but Sears is out of cash and about to fail. Why?
Because the CEO, Eddie Lampert, is a guy with nutty ideas who treated Sears like a dotcom, conveniently forgetting that it has physical stores that need maintaining. Read more here: http://www.americanthinker.com/blog/2017/03/why_is_sears_dying.html
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