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Postmaster General Patrick Donahoe testifying on Capitol Hill in Washington in this Sept 6, 2011. The struggling U.S. Postal Service on Thursday reported an annual loss of a record $15.9 billion, capping a tumultuous year in which it was forced to default for the first time on billions in payments to avert bankruptcy. (AP Photo/J. Scott Applewhite
NEW YORK: Sears, a back-to-school shopping destination for generations of kids and the place newlyweds went to choose appliances, has said that after years of losing money that there is “substantial doubt” it will be able to keep its remaining doors open.