Find Out If Your Favorite Retailer Will Be Closing Shop Before The Year Ends

Sears Holdings

Sears Holdings has not been doing so well for about a decade now. Its sales have declined continuously even though it did everything it could to stay above water. It sold assets, closed stores, let go of employees, and cut costs. It applied for Chapter 11 bankruptcy in October 2018 and ceased operations in 142 stores. CEO Eddie Lampert took out hundreds of millions in loans to prevent this, but it did not end so well.

Sears Holdings