Sears To Close A Third Of Its Remaining Stores As Iconic Retailer Fades Away
The latest 96 closures are in addition to the 100 stores we reported last month…
Continue readingThe latest 96 closures are in addition to the 100 stores we reported last month…
Continue reading100 of the 425 Sears and Kmart stores that financier Edward Lampert acquired out of bankruptcy are set to close by year-end…
Continue readingEddie Lampert, the Yale college roommate to Steve Mnuchin, has stepped-down as Sears’ CEO as the company has filed for bankruptcy. Here are the details…
Continue readingMany investors are surprised that gold & silver have rallied while the stock market sells-off, but not Steve St. Angelo. Here’s why…
Continue readingIn 2018, we may break the all-time record for annual store closings that was set just last year. Here’s an update on the retail apocalypse…
Continue readingThe retail apocalypse is bearing down on Sears faster than those running zombies from the movie 28 Days Later. Here’s the details…
Continue readingThe Sears (and Kmart) death spiral continues right at the start of 2018. Here’s the details…
Continue readingThe Sears Death Spiral is picking up speed. Last week it was the entirety of Sears Canada, and now it’s 90+ year relationships gone bad. Here’s the latest…
Continue readingWarren Buffet may not be hip enough or middle-class enough to understand the underlying facts, but from the top down, things are looking pretty grim…
Continue readingReal lives are affected, and it’s not just “contained” to Canada in our global economy. Sears just ran out of road to kick the can…
Continue readingPlunging second quarter sales at the former retail giant have sparked another announcement…
Continue readingTwo of the largest retailers in America are steamrolling toward bankruptcy. Sears and J.C. Penney are both losing hundreds of millions of dollars each quarter, and both of them appear […]
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