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Sears’ demise could shut down another 200 shopping malls

Sears' decline is threatening to kill off at least 200 shopping malls, according to a new report. The retailer has closed 22% of its stores in the last decade, and it's expected to shutter even more locations as it struggles to stay afloat following years of declining sales, Credit Suisse analysts wrote in a recent report. When anchor stores like Sears shut down, shopping malls tend to suffer financially and eventually shut down.
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