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Can Amazon Save Sears?

Nathan Reiff

Founded in 1893, Sears Holding Corp. ( SHLD) was a dominant retail enterprise for more than a century. The company announced in June 2017 that it would close 72 Sears and Kmart stores, then it added to the list of closures in each of several months to follow. Beginning last July, the company announced a series of deals with Amazon.com Inc. ( AMZN), the e-commerce juggernaut, with the most recent deal announced today.