Sears (SHLD +0.7%) posts a list of 79 stores of the 100-120 that will be shuttered. Florida is...

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7footMoose Comments (2242)
 
This is just the beginning of a full shut down. There is or soon will be an inventory liquidation company engaged to begin liquidating these stores and then later many others. Watch for the big sales in the near future.
29 Dec 2011, 04:53 PM Reply Like

wyostocks Comments (5372)
 
The link is inoperative.
29 Dec 2011, 04:58 PM Reply Like

Micah Comments (378)
 
Other than Georgia, this list is the who's who of horrible housing markets and rust belt economies that got nailed in the recession. I am sure it is difficult for any business to operate in these states. Especially if you are tied to housing and the consumer like Sears/Kmart are.
29 Dec 2011, 05:29 PM Reply Like

MSF INVESTMENTS Comments (2189)
 
Micah,
I think we messed up on this one, I hope I'm wrong but Lampert will always be a moron.
I also think Bruce Berkowitz of the Fairholme Fund was just tagging along Lampert for his name, if you read or listen to his conference calls he never knew what Lampert was doing he would say, I think he is going to make it work.
The two Bozos ,,,oh lets not forget my buddy pal......Cramer.
29 Dec 2011, 08:44 PM Reply Like

MSF INVESTMENTS Comments (2189)
 
Looks like Lampert is hiding I bet he does not show at the conference meeting in February.
I must stress again fund managers and analysts and reporters so this coming many many months earlier.
29 Dec 2011, 08:52 PM Reply Like

Micah Comments (378)
 
At least we will get 1 share of Orchard for every 22 shares of $SHLD we had. That will be enough to pay a couple dollars towards our brokerage fees.
29 Dec 2011, 09:45 PM Reply Like

MSF INVESTMENTS Comments (2189)
 
Buy some toilet paper with it.
30 Dec 2011, 12:52 PM Reply Like

dingojoe Comments (183)
 
Georgia is actually on the who's who of horrible housing markets. No stores closed in AZ or NV and only 3 in CA (also members of wwohh). Florida is the 5th member.

Here's a link to a map of the closings:

http://bit.ly/tde26X
29 Dec 2011, 06:29 PM Reply Like