Is Sears Going out of Business?

Answer

No, Sears is not going out of business. But like many businesses they're facing restructuring and layoffs to become competitive in the market once again.
1 Additional Answer
Sears has been rumored to be going out of business for years. It is unclear if and when the business will end. If is known that they are suffering from hard economic times and have closed stores and made other cuts.
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