Comment on Sears likely to hit downward spiral pretty quickly

Sears likely to hit downward spiral pretty quickly

Eddie Lampert finally conceded what everyone else has been saying about Sears Holdings for a long time: The jig is nearly up. The corporate parent of Sears and Kmart — controlled by billionaire Lampert since 2005 — admitted in its annual report this week that “substantial doubt exists” about its ability to continue as a...

 

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