The trouble continues for the parent of Sears and Kmart retail stores, which saw a revenue decline of nearly 20% and a loss of $1.1 billion in 2015.
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It'll be open, despite its bankruptcy.
Staying in business "may no longer be an option".
He's reportedly seeking ways to save the company.
Steven Mnuchin and Eddie Lampert's close relationship plays a part.
The company was once an even more dominant force in retail than Amazon is today.
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And it sent shares soaring.