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…
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Sears Will Close Another 100 Stores Amid Failed Turnaround
100 of the 425 Sears and Kmart stores that financier Edward Lampert acquired out of bankruptcy are set to close by year-end…
Continue readingSears Files For Bankruptcy – Trump Says It Is “Very Sad” But Sears Was “Improperly Run” For Years
Eddie 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 readingSRSrocco: Gold & Silver Rebound As The Stock Market Sells-Off
Many investors are surprised that gold & silver have rallied while the stock market sells-off, but not Steve St. Angelo. Here’s why…
Continue readingRetail Apocalypse Watch: Sears, JCPenny, Brookstone, Mattress Firm, And More, All In Trouble
In 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 readingThings Just Went From Bad To Worse For Sears (Yet Again)
The retail apocalypse is bearing down on Sears faster than those running zombies from the movie 28 Days Later. Here’s the details…
Continue readingRetail Apocalypse Watch: Sears Begins 2018 Announcing A Combined 103 Sears & Kmart Closings
The Sears (and Kmart) death spiral continues right at the start of 2018. Here’s the details…
Continue readingDouble Bad News For Sears And This Time It’s Whirlpool & Craftsman
The 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 readingRetail Apocalypse Watch: Warren Buffet Stops Just Short Of Saying “Apocalypse”
Warren 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 readingRetail Apocalypse Watch: Sears Canada To Shut ALL STORES And 12,000 Jobs To VANISH
Real 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 readingRetail Apocalypse Continues: Sears Reaching End Stage With Latest Report
Plunging second quarter sales at the former retail giant have sparked another announcement…
Continue readingSears And J.C. Penney Are DYING: This is Just the Beginning!
Two 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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