Beaten by Amazon and Walmart, Sears faces the end after 125 years

The company, once a staple of the American lifestyle, is expected to file for bankruptcy after years of losses

“I don’t understand the point of Sears, I just buy everything online,” said 23-year-old Lyft driver Shannon Dickey as we pull up to the abandoned storefront of Sears that sits at the top of Ross Park Mall, nine miles north of downtown Pittsburgh “I think their old catalogs are cool, but I just don’t understand the point of Sears.”

Founded in 1893, Sears was once a staple of the American lifestyle. Now after 125 years in business, the quintessential American brand is expected to file for bankruptcy, an announcement that could come as early as Sunday.

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from US news | The Guardian https://ift.tt/2IUe3mZ