Wall Street Journalのインスタグラム(wsj) - 10月16日 08時14分

For much of the 20th century, Sears defined American retailing with catalogs and department stores that brought toys, tools and appliances to millions of homes.⠀
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It was a pioneer, launching brands like Kenmore appliances and Craftsman tools, shipping a catalog to nearly every U.S. home and creating its own credit card to spur sales. After World War II, it followed people to the suburbs, helping build the malls that moved retailing away from Main Street.⠀
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But by the time it limped into bankruptcy on Monday, the once-great company was shriveled and sickly. It has struggled through seven years of losses and hundreds of store closures under its billionaire chief executive. Its unraveling has erased $30 billion in shareholder wealth from an April 2007 peak and more than 200,000 jobs.⠀
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"It's an American tragedy and it need not have happened," said Arthur Martinez, who was CEO of Sears from 1995 to 2000.⠀
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Read more at the link in our bio.⠀
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Pictured: A Sears store at the Northglenn Mall in Colorado on March 22, 1971.⠀
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?: Denver Post/Getty Image

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