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We visited a Sears store on the day the company filed for bankruptcy, and it felt like a ghost town. Here's what it was like shopping there.

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Sears filed for Chapter 11 bankruptcy protection on Monday, and the company says it will close 142 stores before the end of the year. We visited a Sears store the day the company filed for bankruptcy, and it felt like shopping in a ghost town.

 

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Sears was 'toast' ever since its 2005 Kmart merger, says former Sears Canada CEOSears may have just filed for bankruptcy, but the giant retailer 'was toast about a day after it closed' its merger with Kmart back in 2005, says former Sears Canada CEO. before that, even. accurate He may have a slight point there but the bottom line is since then the leadership and management has been abysmal and Canadian employees are not going to be receiving a pension it appears The executives received large payouts
Source: CNBC - 🏆 12. / 72 Read more »