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staying in business

The Traditional Retail Crunch Hits Sears and Kmart as Owner Expresses Doubts of Staying in Business

March 22, 2017 by John Hinson

The parent company of the department store chain, Sears that dominated the retail market for decades, warned on Tuesday that the company is facing doubt about their ability to stay in the business unless they could borrow some money and tap more of their assets for cash.

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