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Once one of the major retailers in the United States (“Sears: Where America Shops”), the company has closed 529 stores since 2015, according to CNN.
Sears hasn’t posted a profit since 2010; since then, it has lost more than $10 billion. In March 2017, the company released a statement saying there was “substantial doubt” about its chances of survival.
Bonus bad: Sears Holdings also owns Kmart. Hoo boy.