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Sears' habit of liquidating outside bankruptcy is making it harder to save itself now

CNBC.com
Sears' habit of liquidating outside bankruptcy is making it harder to save itself now

When Sears Holdings CEO Eddie Lampert merged Sears and Kmart in 2005, he believed that combining two fading giants would create a fortified competitor to stand up against new rivals like Walmart. But the deal was unable to stem the decline. Over the past decade, Sears has had just one quarter of positive