7 years ago
1
Sears to shutter another 28 locations, as same-store sales tumble 11.5%
Sears reported a double-digit decline in comparable sales for the second quarter, citing a "retail environment [that] remained challenging."
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At this point I don't understand why they are still listed, it's time to take this thing private and put it up for sale. Let some equity group come in and liquidate and streamline and see if they can pull off a miracle.