The Decline of Sears: A Tragic Tale, or Just Progress?

The Decline of Sears: A Tragic Tale, or Just Progress?
AP Photo/Matt Rourke

After years of plummeting revenue and hundreds of store closures, Sears Holdings Corporation filed for Chapter 11 bankruptcy on October 15. Sears, once a pioneering force in retail, has not turned a profit in seven years.

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