Sears Future Uncertain Amid Growing Financial Woes
More financial troubles this week for Sears. According to Bloomberg News Sears Holding Corp. said there is "substantial doubt" about the company's ability to stay open. In an article this week in chicagobusiness.com "Sears added so-called going-concern language to its latest annual report filing, suggesting that weak earnings have cast a pall on its future as a business".
This of course raises issues locally for us with Sears located right here at the Ocean County Mall in Toms River, although no word if the retail giant would be closing any new locations. Sears has lost more than 10 billion dollars in recent years.
Do YOU still shop at Sears?
Would YOU miss Sears if it were to close?