Sears, the venerable US chain that once dominated the retail sector but had been in decline since the advent of the Amazon era, filed for bankruptcy Monday. Photo: Bloomberg

American retail icon Sears files for bankruptcy

Sears has closed hundreds of stores in recent years amid a retail shakeout caused in part by the rise of Amazon and other e-commerce players

Topic |   Retailing

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Sears, the venerable US chain that once dominated the retail sector but had been in decline since the advent of the Amazon era, filed for bankruptcy Monday. Photo: Bloomberg
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