A Sears store that is going out of business in Livonia, Michigan on March 26, 2020.
Credit: Jeff Kowalsky/AFP/Getty Images
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Sears is dying a quiet, invisible death
Sears has made it through another holiday shopping season. Just barely. Once the nation's leading retailer up through the 1980s, the company that now owns the Sears and Kmart chains emerged from bankruptcy less than two years ago. It avoided another trip to bankruptcy court this year as the Covid-19 pandemic sent department store chains such as JCPenney and Neiman Marcus went through their own bankruptcies, while others such as Lord & Taylor and Century 21 announced they would go out of business.
