More store closures about to be announced. Stores that are profitable but worth more to sell.
5 replies (most recent on top)
The new pattern seems to be that they are not announcing mass closures, but are conducting them quietly. You will only really see them in the 10Q, as the numbers of stores are reported to Wall Street. Incidentally, if new stores were opening, Sears would be blaring that in the media. That's not happening, nor will it.
Poor deluded fools.....what a surprise is in store for them.
@vgi, I hope you're right! Sears Holdings just reporter a month ago about a profitable quarter. First comes stabilization, then comes growth.
FAKE NEWS, folks!
We're opening more stores, not closing them!
Today, tomorrow, or this week? I really hope that there aren't any Kmarts because I really think that's where the potential is for the company. I feel very sorry that if they are Sears they're closing rather than being converted to Kmart. Sad for the employees and loyal customers.