Sears, Iconic Retailer Files for Bankruptcy

This is actually kind of a big deal:
https://www.nytimes.com/2018/10/14/business/sears-bankruptcy-filing-chapter-11.html?rref=collection%2Fsectioncollection%2Fbusiness&action=click&contentCollection=business&region=rank&module=package&version=highlights&contentPlacement=2&pgtype=sectionfront

In its day, Sears was the Amazon of retail.  Actually, there's been quite a list of retail bankruptcies this year:
https://www.businessinsider.com/retail-bankruptcies-list-this-year-2018-4

Want to delve further into the impact of such bankruptcies?  The Wall Street Journal is an excellent resource.  There's an article in today's Journal which discusses the impact a Sears bankruptcy will have on rents at shopping malls:
http://predator.oldwestbury.edu:2048/login?url=https://search.proquest.com/docview/2119809159?accountid=29096

Hint: Sears has a lot of stores that take up a lot of space.  There could be opportunities for new space with tenants who are willing to higher rents.  On the other hand, it is a lot of space to fill.  Sometimes one business can have a ripple effect on other businesses and industries.  In this case, Amazon's had quite an impact on traditional retailers.  In addition, there's a ton of articles in the Wall Street Journal about retail shopping space and the future of shopping malls.  Until next time, catch me in the library.