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As consumers continue to drift from brick and mortar shops to online markets, retailers are surprisingly optimistic.
The struggling apparel retailer is focusing on its North American market to revive its fortunes.
The move comes as Sears tries to bounce back from a five-year stretch during which it lost more than $8 billion as it closed hundreds of stores and sales dropped sharply.
Start-up consumer brands are gaining noteworthy market share.
After years of losses, the company said in March it was exploring strategic alternatives, including a sale.
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Smartphones and mobile apps are brick-and-mortar's wrecking ball, but they can also be what saves it.
The company, which had 1,672 stores as of the end of January, said it would close 10 Sears department stores and 68 Kmart discount stores, with nearly all of the closings occurring in late July.
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An estimated 500 employees have lost their jobs since layoffs began last week, according to a news report.
Here's a list of some retailers that did -- and a few who did not -- bounce back from bankruptcy filings.
Shipping your products off to retailers is sexy and easy, but it could have a substantial financial impact on your business.