Wednesday, March 22, 2017

Sears and Kmart Join Growing List of Floundering Retailers

Sears Kmart Losing Money Closing

We knew Sears and Kmart weren’t doing well after their decision to shutter 150 stores across 40 states, but now parent company Sears Holding has issued a statement declaring they may not have enough money to continue operations through 2017. In a filing with the Securities and Exchange Commission, Sears Holding stated, “Our historical operating... 

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