Comment on Sears files for bankruptcy after years of turmoil

Sears files for bankruptcy after years of turmoil

Sears, the one-time titan of American retail, filed for bankruptcy ahead of a 134 million debt payment due Monday and announced that it will close 142 stores.For years, Sears has contended with the threat that it would become the latest big-name retailer to fall to online competition and crushing debt.

 

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