Kmart posts 9.5% decline and Sears posts a 13.4 % decline in comparable store sales. True every Q.
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Walk to the store? Now that's funny.
I guess when you don't advertise or spend any money to update stores that haven't been touched since 1995 people don't shop there as much! Imagine that.
A loss is still a loss and 9.5% is still pretty high.
Doing better? That's like saying the guy with 2 gunshots to the head is doing better than the guy with 3.
Kmart is a DUMP.
The only problem with your argument is that the average Sears store does double the sales of the average K-Mart store, and K-Mart has several outliers (Guam, Puerto Rico) which make their average numbers higher than they would be otherwise. K-Mart is a sick dog and needs to be shot and put out of its misery.
Kmart is not doing better , its loss of sales is slower, that is all. The reason Kmart sales do not fall faster is because a portion of their sales base walks to the store , lacking transportation. If they had transportation people would shop elsewhere.