What Happened to Sears?

If you live in America you must have heard the saying ‘Solid as Sears.’ And in case you haven’t, it’s probably better, as recent events have seemed to render it invalid anyway. Founded in 1893 as a small watch company, Sears eventually grew to become a market giant and has been a dominant retailer in America for over a century now. However, the company has been facing some trouble over the last few years. With economists and analysts having speculated its downfall long ago, the recent announcement of Sears filing…