Sears Chairman and CEO Eddie Lampert told shareholders Tuesday the struggling retailer can rise, phoenix-like, from the near-ashes as other companies that
have had to radically transform their business models have done. In Sears' case, that means closing stores. "Sometimes you need to go backwards to go forwards," he said. Sears has had 28 straight
quarters of declining sales and closed 305 stores since 2010.
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