Can Sears survive?
Chicago-based Sears Holdings says it has “substantial doubt” that it can continue to operate, according to its latest annual report filing.
The company has lost more than $10 billion in the past few years, according to Bloomberg, and weak earnings are causing executives to question its sustainability.
"Our historical operating results indicate substantial doubt exists related to the company’s ability to continue as a going concern," Sears (Nasdaq: SHLD, SHLDW) said in the…
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