Yet another giant soon to fall

It seems with such a drastic rise in the eCommerce realm, a lot of the retail brick and mortal shops are slowly dying off.

"Sears Canada warned Tuesday that it's running out of cash and could soon go out of business if it doesn't find a financial lifeline."

The company, which has more than 200 stores and about 17,000 employees, posted a 15% drop in sales in the most recent quarter Tuesday, and a net loss of 144 million Canadian dollars. Sears Canada was spun off as a separate company from its former U.S. parent, Sears Holdings (SHLD) in 2012.

Source: http://money.cnn.com/2017/06/13/news/companies/sears-canada/index.html