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Sears today, gone tomorrow

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Shoppers leave Sears in the Avalon Mall in St. John’s.

©Joe Gibbons/Telegram file photo

This is what market forces look like.

Tuesday, Sears announced what’s probably been the writing on the wall for years: it now plans to shut all of its operating stores, liquidate its inventory and lay off some 12,000 employees.

During the next few weeks, you can expect to hear plenty about the Sears-that-was.

Visiting a Sears store like the one in St. John’s — often a wasteland of open space and quiet clothing racks — could be a sobering message about the future of all general merchandise outlets.

There will be stories about the arrival of the Sears catalogue in lonely outposts on the Prairies, some perhaps enlivened by descriptions of the........

© The Telegram