Sears and Kmart stores to close due to declining sales
By R. Mitchell on Dec 28, 2011 in Money
Sears Holdings Corporation reported that it would close up to 120 of its Sears and Kmart stores as it goes through a transformation. Both Kmart and Sears stores have seen serious drops in the quarter over quarter numbers and year over year financials: QTD YTD Kmart -4.4% -1.8% Sears Domestic -6.0% -3.3% Total -5.2% -2.6% [...]
