Sears was 'toast' ever since its 2005 Kmart merger, says former Sears Canada CEO By: CNBC.com News October 15, 2018 at 13:03 PM EDT The notion of "some turnaround or some transformation" plan in place since then is "just plain bogus," argues Mark Cohen. Read More >> Related Stocks: GX Defense Tech ETF Home Depot Lowe's Companies Wal-Mart Stores, Inc.