Sears, once the world's largest retailer, faces the end after 125 years

Once a staple of the American lifestyle, Sears has filed for bankruptcy after losses top $11bn and 200,000 layoffs “I don’t understand the ... thumbnail 1 summary

Once a staple of the American lifestyle, Sears has filed for bankruptcy after losses top $11bn and 200,000 layoffs

“I don’t understand the point of Sears, I just buy everything online,” said 23-year-old Lyft driver Shannon Dickey as we pull up to the abandoned storefront of Sears that sits at the top of Ross Park Mall, nine miles north of downtown Pittsburgh “I think their old catalogs are cool, but I just don’t understand the point of Sears.”

Founded in 1893, Sears was once a staple of the American lifestyle. Now after 125 years in business, the quintessential American brand has filed for bankruptcy, an announcement that came Monday, unable to pay its debts..

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from US news | The Guardian https://ift.tt/2IUe3mZ

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