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Sears Discloses for First Time it May Not Survive, Marks Latest Blow to Dept. Store/Mall Sector

Dept. Store Chain Closures Approach 1,200
CoStar News
March 23, 2017 | 2:19 P.M.

Sears Holdings Corp. (NASDAQ:SHLD) saw its share price plunge this week after disclosing there was "substantial doubt” about its ability to remain in business, raising fresh concerns about the survival of a company that was once the world’s largest retailer.

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