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Sears was retail's cutting edge for a century, until it wasn't

Sam Jayne/Axios

The New York Times Business section takes a deep dive into Sears' recent woes under the leadership of hedge fund titan Eddie Lampert. He took control of the firm in 2005, after coordinating a merger between it and Kmart, and has since presided over the loss of $26 billion in market value and the elimination of 176,000 jobs.

The failures of Sears are numerous: