Sears to close 100 to 120 Kmart and Sears Stores, page 2
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reply posted on 28-12-2011 @ 10:43 PM by Algernonsmouse
Originally posted by ldyserenity
For all the numbers being supposedly high for sales this Christmas, there comes the announcement early today that Sears will be closing many Kmart and Sears stores due to low sales numbers over the year of 2011. Seems some ATS'ers predictions are coming to pass. 4,000 more jobs will be lost, yet we are in recovery?? PSHAW!!! Yes it really looks like we're in a recovery.
Sears announces 100-120 Kmart and Sears stores will be closing their doors

From the source:
(AP) NEW YORK - Sears Holdings Corp. plans to close between 100 and 120 Sears and Kmart stores to raise cash after a weak holiday shopping season for the retailer.


The closings fueled speculation about whether the 125-year-old retailer can turn itself around.


The closings are the latest and most visible in a long series of moves to try to fix a company that has struggled with falling sales and shabby stores as rivals like Wal-Mart Stores Inc. and Target Corp. spruced up their looks and turned into one-stop shopping sources.


What a great example of propaganda and what some facts can do for you.


So should we be worried now?
I wonder if TPTB will finally admit that we should panic???


No.


I searched and didn't find anything so if it's been posted, I apologize.
~Serenity


Guess what. I searched and found from the ADP that we gained 206,000 jobs last month. But 4000 kmarts are closing? 4000 stores are firing minimum wage cashiers.


I dunno.

You tell me.

does 206,000 - 4000 = panic?


reply posted on 28-12-2011 @ 10:47 PM by ldyserenity
reply to post by Algernonsmouse



Sure, but they don't tell you those jobs are military defense and government.
It wasn't supposed to be propeganda, I beleive we are headed down the toilet and fast, JMO.
If you disagree, so be it.
That's your perogative.
edit on 28-12-2011 by ldyserenity because: contraction punctuation
edit on 28-12-2011 by ldyserenity because: contraction again

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