It was roughly a month ago when Eddie Lampert of Sears planned to restructure to avoid filing for bankruptcy.
With fewer shoppers and a mountain of debt, Sears finally filed for Chapter 11.
Sears can still survive if a miniature version of itself can turn things around.
"This is a company that in the 1950s stood like a colossus over the American retail landscape," says the president of Customer Growth Partners Craig Johnson. "Hopefully a smaller new Sears will be healthier."
What do you think caused fewer people to shop at Sears? What are the chances Sears can survive?