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Sears’ sales are down 45% since early 2013, its debt
load has spiked to over $4 billion, and the company is losing
well over $1 billion annually. -
To meet its obligations, Sears has been selling off
valuable brands and properties. -
Now its pool of assets is dwindling, increasing the
risk of a bankruptcy, analysts say. -
Kmart, in particular, is at risk of shutting down, as
it loses market share fast.
Wall Street analysts have made the same prediction every year for
nearly the last decade: Sears is imminently going bankrupt. But
the retailer has managed to stay afl…
Read the full article at: http://www.businessinsider.com/sears-kmart-bankruptcy-talk-resurfaces-as-year-ends-2017-12