8 years ago
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Sears announces it's closing at least 50 stores
Sears doesn't want to waste any time. The retailer announced on Tuesday that it planned to "accelerate" the closing of at least 50 "unprofitable stores." Sears (SHLD), which also owns Kmart, originally planned to close the stores over the next few months, but poor sales have sped up the timeline. In its earnings report Tuesday, Sears said it expects total revenue to hit $7.3 billion for the fourth quarter -- down from $8.1 billion last year.
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Why do companies write these articles, Macy's closing stores, Penny's closing... now Sears is closing but they never link me to the damn list of closures.
Shouldn’t be a problem. If they ever want to open new stores, they can just order them from Amazon and have them delivered next day.
This is true. I've not been in a Sears since i was a kid and a KMart in over 10 years...