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Sears Bankruptcy Hits Close to Home for Trump

  • The president still sells Trump brands for Sears online
  • Says its a "very, very sad" moment, the store was "big deal"
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Sears Files for Bankruptcy

The bankruptcy of Sears Holdings Corp. hit close to home for one American: Donald Trump.

The U.S. president said Monday that Sears’ bankruptcy filing was a “very, very sad moment” and a “shame.” Although the U.S. has been facing a retail apocalypse in recent years, including Toys “R” Us’s failure, Trump has largely avoided discussing specific chains publicly.