Monday, October 1, 2018

ANOTHER ROUGH DAY IN THE BRICK-AND-MORTAR RETAIL BUSINESS

by Bob Walsh

On Friday the price of a share of Sears Roebuck & Co. dropped below $1 for the first time in recorded history. There is a very real possibility that the chain will not survive until Christmas 2019.

At one time Sears was the largest non-government employer in the country and the largest grossing retailer in the country. Times have changed.

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