Sears Is Closing Even More Kmart Stores — See If Yours Is On The List
Sears on Thursday said it was closing another 28 Kmart stores in addition about 300 previously announced closings this year.
The retailer announced this with its earnings statement that showed a quarterly loss, as the number of people visiting its stores continued to fall. Sales at stores open for at least a year fell 11.5% in the second quarter ended July 29.
Sears shares plunged 8% this year through Wednesday's close.
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Видео Sears Is Closing Even More Kmart Stores — See If Yours Is On The List канала Business Insider
The retailer announced this with its earnings statement that showed a quarterly loss, as the number of people visiting its stores continued to fall. Sales at stores open for at least a year fell 11.5% in the second quarter ended July 29.
Sears shares plunged 8% this year through Wednesday's close.
--------------------------------------------------
Follow BI Video on Twitter: http://bit.ly/1oS68Zs
Follow BI on Facebook: http://bit.ly/1W9Lk0n
Read more: http://www.businessinsider.com/
--------------------------------------------------
Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.
Видео Sears Is Closing Even More Kmart Stores — See If Yours Is On The List канала Business Insider
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