You'll Never Guess Which Major Department Store is Struggling Financially

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December 09, 2016

It's never fun to hear of any store suffering financially, but when's it is a major retailer, it makes it all the more devastating.

Retailer Sears Holdings Corp reported its fifth straight quarterly loss and said there was no guarantee when it would return to profitability.

Sears has not posted an increase in quarterly sales in the past five years.

With sales and business plans reevaluated, hopefully Sears will be able to pull out of this financial rut before they're forced to close their doors for good.