Sears workers reveal why the company is bleeding cash

Reuters Sears is bleeding cash. The company's cash and equivalents have fallen to $276 million from $1.8 billion one year ago, Sears said Thursday. The company's sales have been falling for years and it has been shutting down stores, selling real estate, and spinning off brands to stem the bleeding. Since 2007, Sears has closed half of its locations — which include Sears and Kmart stores — and eliminated more than 137,000 jobs. Some employees have predicted that the rest of the compan...