Sears/Kmart Battles Business Model Relevance
Earlier this year, Sears Holdings announced it will shutter three percent of its stores, or 120 stores. Sears also reported same store sales decrease of 5.2%- 4.4 percent at Kmart stores and 6 percent at Sears. According to the company: “Kmart’s quarter-to-date comparable store sales decline reflects decreases in the consumer electronics and apparel categories […]
