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12 Struggling Retailers

12 Struggling Retailers
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To on onersquos surprise both Sears and Kmart continue to struggle Sears is reportedly closing 50 locations this year and ldquoWe may see more than thatrdquo Stern says The companyrsquos sales dropped 69 percent in the last quarter alone Kmart will close 13 locations this monthldquoSears is doing terriblyrdquo Davidowitz affirms saying ldquomiddleclass stores are getting killedrdquo a sign the ldquoconsumer is trading down the middle class is poorerrdquoBoth chains
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