#Sears Holdings

Author: Daniel Gabay / Source: The Next Web The demise of Sears provides a perfect cautionary tale. By all accounts, the former retail giant — which was in a “death spiral for well over a decade” — is paying a steep price for its failure to innovate in new technology. Yet, the means for Sears to

Author: Tom Simonite / Source: WIRED There’s no doubt technology is shaking up the American workplace. Amazon employs more than 100,000 robots in its US warehouses, alongside more than 125,000 human workers. Sears and Brookstone, icons of brick and mortar retailing, are both bankrupt. But as

Author: McKinley Corbley / Source: Good News Network Want to know where #Santa is on Dec 24th? Call us tomorrow at 1-877-446-6723 or e-mail noradtrackssanta@outlook.com to talk to a live #NORAD Santa tracker! We answer our first call at 6 a.m. EST. https://t.co/gSvRD6ezKo

Practically since the day he took the reins at Sears, CEO and Chairman Eddie Lampert has been steadily stripping the once mighty retailing behemoth of assets and protecting his hedge fund’s investment as the company continues its steady march toward bankruptcy. Any customer with the temerity to

Authored by Michael Snyder via The Economic Collapse blog, Did you know that the number of retail store closings in 2017 has already tripled the number from all of 2016? Last year, a total of 2,056 store locations were closed down, but this year more than 6,700 stores have been shut down so