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NEW YORK (AP) -- After a disastrous holiday shopping season, the parent company of Sears and Kmart will close at least 100 stores to raise cash — a move that sparked speculation about whether the 125-year-old retailer can avoid a death spiral fed by declining sales and deteriorating stores.
Americans are gaining faith that the economy is on the upswing.An improving job outlook helped the Consumer Confidence Index soar to the highest level since April and near a post-recession peak...
Unless you are one of the thousands of employees now headed for the unemployment lines. Would it matter to you then?
Originally posted by Forevever
looks like the parent company has over 3900 total stores.... does 100 really matter with that many?
I highly doubt it.