At one level, we should admire the resilience of the former Sears CEO (and its principal shareholder, though ESL Holdings). For more than a decade, we have witnessed the brand shrink and shrink. Key brand assets have been sold off to keep the lights on. While that may be an interesting thought piece or business school case study, the reality today is that Sears simply has no reason to exist in its current manifestation. There are few assets left to fund operating losses.

Source: Forbes February 08, 2019 13:41 UTC