Sears files for bankruptcy as US retail giant buckles under debts and losses



US RETAIL giant Sears has filed for bankruptcy with plans to close another 142 stores after being left fighting for survival. The company, which is 132 years old and was once America's largest retailer, has been crippled by plunging sales, massive debts and the rise of internet shopping.

Source: Daily Express :: Finance Feed https://ift.tt/2AaQfIu

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