06-06-2017, 12:44 PM
Sears was taken over by a hedge fund 10 years ago that is bleeding the company of it's most valuable assets (mainly real estate) while purporting to turn it into a "tech company". I don't think the CEO has any intention of keeping ANY Sears or Kmart stores open, it's a shell game of asset and debt swaps until its the "right time" to close each store. In the end the only thing left of Sears will be the brand name. There are a lot of good articles on the hedge fund transforming Sears from an American icon store to a corporate resource for plundering. This one is not a bad start: http://www.businessinsider.com/sears-fai...ces-2017-1