The iconic American retailer Sears has shrunk to only five remaining locations across the United States, a dramatic decline for a company that once operated around 3,000 stores globally and dominated the retail landscape.

Four of the remaining stores are located in Simon Property Group malls in Braintree, Massachusetts; Concord, California; El Paso, Texas; and Orlando, Florida, according to the Street .

A fifth standalone location in Coral Gables, Florida, may be demolished to make way for 1,000 housing units, according to a CNN report .

What happened?

The collapse of Sears has been steep and unrelenting, according to reports.

After emerging from Chapter 11 bankruptcy in 2018, Sears still operated just under 700 stores with about 68,000 employees. According to a 2018 SEC filing

See Full Page