Sears Goes Bankrupt, Mired in Debt and Deserted by Shoppers

In The Daily Scoop by Lauren Parker, Accessories Magazine

Sears Holdings Corp., the 125-year-old retailer that became an icon for generations of American shoppers, filed for bankruptcy, saddled with billions of dollars of debt racked up as it struggled to adjust to the rapid shift toward online consumption.

Read more at Bloomberg

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