The past few years have been tough times for retailer Sears Holding (SHLD). The company has been steadily losing customers to rivals Target (TGT) and Wal-Mart (WMT), and today announced that following a dismal holiday season, it has decided to close between 100 and 120 of its Sears and K-Mart stores.
Critics of the company blame its recent weakness to the company not having invested in remodeling its stores and to ...Can Sears (SHLD) Survive?
Posted On Tuesday, 27 Dec 2011 By Michael. Under Bad News, Major Moves, Retailers Tags: BAC, DOW, holiday season, holiday shopping, job cuts, k mart stores, retailer, sears holding, sears stores, target store, target tgt, wal mart, wal mart wmt, wall street
The past few years have been tough times for retailer Sears Holding (SHLD). The company has been steadily losing customers to rivals Target (TGT) and Wal-Mart (WMT), and today announced that following a dismal holiday season, it has decided to close between 100 and 120 of its Sears and K-Mart stores.
Critics of the company blame its recent weakness to the company not having invested in remodeling its stores and to ...FedEx (FDX) Sees Busiest Day in Company’s History
Posted On Thursday, 22 Dec 2011 By Michael. Under Good News, Retailers Tags: consumer, consumer sentiment, consumers, Economy, fdx, fedex, global economy, growing popularity of online shopping, holiday purchases, holiday season, popularity of online shopping, retailer, sales numbers, shipping volume
With consumer sentiment still weak, and concerns over the global economy weighing on everyone's mind, a lot of people have been worried that retailers are going to report weak sales numbers this holiday season. We will not know for sure just willing people have been to spend this holiday season, but the fact that FedEx (FDX) recently saw its busiest shipping day ever is a positive sign.
The company reported that ...
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