Chicago; Cheers, the United States' famous retailer, has been appearing for bankruptcy. Cheers was founded in Chicago in the United States in 1893. It has over 100,000 stores in more than 500 cities in the United States. Various items including home utensils, vehicles, clothes, etc. were sold. Prior to 1980, it was the largest retail store in the United States.
But today's generation has been the worst ever since 2011, with the advent of online shopping companies, including Amazon. The company, which has 90,000 employees, is currently stuck in the value of Rs 37,000 crore in Indian value. Sears has also appealed to the bank to propose bankruptcy and extend the deadline for repayment of debt
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