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  • Sears (SHLD) will close 100-120 Kmart and Sears stores, and will take Q4 charges of $1.6B-2.4B. Quarter-to-date comparable sales are off 5.2%. "Given our performance and the difficult economic environment, especially for big-ticket items, we intend to implement a series of actions to reduce on-going expenses, adjust our asset base, and accelerate the transformation of our business model." (PR)  [View news story]
    The problem is that these stores don’t look very appealing to walk into. I haven’t come across a remodeled Sears or K-mart. Every Target in California has been completely renovated, and most Wal-Mart’s. I just think a lil facelift could help with retail sales.
    Dec 27 10:00 PM | Likes Like |Link to Comment
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