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Sears

The Hamilton model home, now owned by Andrew Mutch, under construction in Novi, Mich., is pictured in 1926. Salow Family/Courtesy of Andrew Mutch hide caption

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Salow Family/Courtesy of Andrew Mutch

A sign announcing a store closing hangs above a Sears in Chicago. The bankruptcy filing could mark the end of the struggling retailer, which invented the mail-order catalog business. Scott Olson/Getty Images hide caption

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Scott Olson/Getty Images

Sears Holdings Corp., which operates Sears and Kmart, said Thursday that it is closing 72 more of its stores. Here, shoppers look for deals at the last remaining Sears store in Chicago before it closes this summer. Patrick Gorski/NurPhoto via Getty Images hide caption

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Patrick Gorski/NurPhoto via Getty Images

Carla and Jeremy Lang push their twin 18-month-old sons in a stroller while looking at ovens and stoves at a Sears northwest of Chicago. Cheryl Corley/NPR hide caption

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Cheryl Corley/NPR

Its Survival In Doubt, Sears Struggles To Transform Once Again

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Sears, once the monolith of American retail, says that there is "substantial doubt" that it will be able to keep its doors open. Company shares tumbled more than 12 percent Wednesday. Above, the department store's location in Brooklyn's Flatbush neighborhood today. Bebeto Matthews/AP hide caption

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Bebeto Matthews/AP