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    2. Sears is Teetering on the Edge of Bankruptcy and Kmart Could be its First Casualty

      Sears is Teetering on the Edge of Bankruptcy and Kmart Could be its First Casualty
      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....
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