When you are borrowing millions of dollars to stay afloat the future doesn't look so bright. I…

When you are borrowing millions of dollars to stay afloat the future doesn't look so bright. I question anyone who would lend millions of dollars to this company whose writing is on the wall. The company along with JCPenny can't compete in Amazon.com's world. It is a matter of time before the inevitable can happen. I remember in the late 90's when Apple was facing the same type of gloomy forecast. However, Apple was innovative. Sears stayed and remained old school and just one of the 100's of companies that are a victim of the giant we call amazon.com. Sears was founded in 1886 and JCPenny was founded in 1902. Two companies that were once a point of time American legends.
https://finance.yahoo.com/m/8b92adf5-beb1-376d-a6e5-60352062c7e1/sears-is-already-dead.html

Sears Is Already Dead
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