125 years... that was the long life of sears. It did file for bankruptcy just now. Yeah, this company was iconic. Sadly, we see that Eddie Lampert is stepping down as CEO. He did resign. Please add that, he does not plan to loan them more money. Well, it was high time that he would finally wise up. After all, it was a foregone conclusion ages ago. They join a long line of failed retailers such as sports authority, boarders, toys r us, radio shack, pay less shoes, block buster, hhgregg, and gander mountain of course.
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