John Pseudonym

Credit Card Spending Surges, While Retailers Slump

I would own Kohls long before Sears.

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Sears is a bloated bureaucracy. Clogged with dead wood trying to hold on to their overpaid positions.

The roots are well rotted and it's only a matter of time before the tree falls.

Credit Card Spending Surges, While Retailers Slump

"Sears (SHLD) reported an unexpected net loss of $56 million"

"unexpected"? Have you been in a Sears or Kmart in the last 5 years?

The stores are sadly outdated with low selection and high prices.

Sears has on foot in the grave and the CEO is clueless as to how to turn the company around.

There was another article here where the CEO of Sears responded to complaints that run down stores are causing consumers to shop elsewhere.

His reply? I'm not going to invest money in stores that are losing money..what a fool.

U.S. Credit Card Industry Moving into Uncharted Territory

The Fed will jump in and save the credit card companies. Personally, I'm running up as debt as possible with no intent to ever pay it off.

Hey, if they're willing to give me the money, I'm not willing to pay it back:)

Don't worry, keep spending, the government will make it all better.