| | Comments (0) | Retweet

Sears is expanding its store closings by 50% for 2009. The legendary department store will shutter 19 doors this winter. This article notes sister store Kmart has been slowly closing stores for some time, which is part of CEO Ed Lampert's strategy to maximize real estate value more than a reflection of market conditions.

0 TrackBacks

Listed below are links to blogs that reference this entry: Sears.

TrackBack URL for this entry:

Leave a comment

Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.

About this Entry

This page contains a single entry by David Wertheimer published on November 14, 2008 12:20 PM.

DHL was the previous entry in this blog.

Retail run-down is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.