Sears Will Not Close Enough Stores

[24/7 Wall St.]

24/7 Wall St. Daily News

The numbers do not add up. Sears Holdings has over 4,000 full-line and specialty stores. Same-store sales for the eight weeks which ended December 25 were down 5.2%. That figure represents a sharp acceleration of negative numbers*from the earlier part of 2011. But, Sears Holdings only plans to close 100 to 120 Kmart and Sears [...]

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