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
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