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Here's How Amazon Can Make You Love Sears Again

TheMotleyFool

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Here's How Amazon Can Make You Love Sears Again

Sears Holdings (NASDAQ: SHLD) has been the poster child for retailers that failed to adapt to the age of online shopping, aka the age of Amazon.com (NASDAQ: AMZN).

The stock has been dying a slow death since early 2015, taking out loan after loan to stay afloat while reporting an erosion in sales. Most experts say it's not if Sears will file for bankruptcy, but when. The stock has dropped about 90% in the past five years.

In June 2017, the investing world was shocked when Amazon suddenly scooped up Whole Foods and began transforming its nearly 470 grocery stores, even adding in mini electronics display sections to allow customers to test and buy its Echo devices.

Source: Fool.com