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Sears holdings corporation declared bankruptcy on October 15, 2018 following years of declining sales and poor management. Sear holding was formed in 2004 when Kmart
Sears holdings corporation declared bankruptcy on October 15, 2018 following years of declining sales and poor management. Sear holding was formed in 2004 when Kmart purchased sears and the combined companies operated approximately 4000 locations. The idea was to merge 2 struggling retailers into one powerhouse by capitalizing on synergies that the combined entities would have.
What managerial accounting information could have helped the newly combined sears holdings to thrive rather than fail? Do a thorough analysis from the time of the merger until the time of the bankruptcy to develop the answer
Both retailers were individually at one time the largest operators in the United States and both had international operations and many divisions
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