From Claire’s to Forever 21 , no retailer is immune to the pressures of inflation, shifting consumer demands, and the rise of online shopping.
In 2025 alone, the industry experienced a massive wave of mega-bankruptcies — and while that number is staggering — we can’t forget the chains that have fallen years before.
Among them, Sears — once a dominant force in American retail — is now barely hanging on.
The company, famous for its iconic fashion catalogs and sprawling department stores, filed for bankruptcy in 2018 when it operated approximately 700 locations .
That figure was only a fraction of its footprint at the time of its merger with Kmart in 2005.
Read more: Toys’R’Us is back: Iconic toy store opens for holiday shopping in Western Mass.
At that time, Sears boasted ne

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