Sears close to pulling the plug

As the troubled retailer's sales are continuing to decline, down 14 percent in the latest quarter, it seems Sears is not trying to turn things around. According to Steven Azarbad, chief investment officer at Maglan Capital, the company is doing its best to free up cash and acquire loans, but it's not using the money to fix up the existing stores and merchandise. The company has lost more than $6 billion since 2012 and retail analyst Robin Lewis called Sears and Kmart stores "dead men walking." Story

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