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America's department stores are in deep, deep trouble

Retrieved on: 2018-01-02 18:41:15

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<div>The result has left Sears staring down store closures, job losses, and likely bankruptcy. Golden Gate Capital and Blum capital sucked $700 million out of Payless between 2012 and 2013. Then Payless filed for bankruptcy last year. Toys "R" Us sent $2 billion to <b>Kohlberg Kravis Roberts</b> and Bain Capital, ...</div>

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