We Went Inside a Sears and Saw Why the Company Is Dying

Sears losses are mounting as the once iconic brand continues to struggle. The company announced it had a brutal holiday quarter and is planning to cut costs by $1 billion in 2017. Full year revenue is expected to fall 12% from last year to $22.1 billion. The company has been shutting stores and selling off assets to stem losses and repay debt.

We visited a Sears in Jersey City, New Jersey to see why the company is imploding. We were shocked by the dismal conditions on a Tuesday afternoon.