2012 Prediction: Sears Will Be Forced to File for bankruptcy.

Sears waited until after Christmas to announce the close as many as 120 stores.  CBS News reported yesterday, “Credit Suisse analyst Gary Balter says the softer-than-expected holiday sales performance point to “deepening problems at this struggling chain and renewed worries about Sears survivability.”  Balter added that Sears’ weakening performance may lead its vendors to start to worry about their exposure. If vendors stop shipping to a retailer or start insisting on cash up front, it can spell the end.”

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