I'm beginning to think Sears may have some salvage value and may survive as a much smaller entity, Kmart has long become the proverbial "sacrificial lamb" and is toast
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It could end up an internet retailer such as the current Montgomery Wards. So much smaller it will be nearly non-existent.
Kmart have more shoppers without transportation, meaning they can't easily shop elsewhere. If they had transportation there would be no sales whatsoever.
Thanks for the chuckle OP.
Sears year over year sales show a higher decrease however this doesn't mean that they are in worse shape than kmart. Just that they will both close in the near future
Moody's doesn't think so. Debt downgraded today
Sears fall in year over year sales is more than Kmart.