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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.Lampert combined Sears and Kmart in 2005, about two years after he helped bring Kmart out of bankruptcy.According to a regulatory filing late Tuesday, Sears Holdings Corp. lost more than $2 billion last year. Sears has been selling assets, most recently its Craftsman tool brand. Sears, which employs 140,000 people, announced a restructuring plan in February with hopes of cutting costs by $1 billion through the sale of stores, jobs cuts and brand asset sales.Sears in January announced that it would close 10 percent of the 1,500 stores that are still operating.
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