Sears Holding Corp., which owns the two ubiquitous retail names Sears and Kmart, announced this week that it would shutter 100 to 120 stores, citing poor holiday-season sales. The move came as little surprise to retail strategists who say the issue wasn't simply weak 2011 sales.
Sears Holdings Corp. plans to close between 100 and 120 Sears and Kmart stores after poor sales during the holidays, the most crucial time of year for retailers.
Do not, I repeat, do not read this book if you plan to savor the coming 11 months of political blather-skating by our apparent seekers of high office. For if you have read this book, their pious sloganeering and obfuscations during the campaign debate orgies may cause you to kick the cat across the room and do violence to your new flat-screen television.
Sharon Stone is taking on two very different roles: One in a Linda Lovelace biopic, and another online to welcome returning troops.
As the run-up to holiday shopping intensifies, Target Corp. said that its stores will open at midnight Thanksgiving night, beginning the traditional "Black Friday" shopping day four hours earlier than it did last year.
As CEOs, Sam Walton, Bill Gates and Steve Jobs possessed common traits. They were tireless workers, demanding bosses and sticklers for detail. They were visionaries, too, who reshaped their respective industries.
While we received some surprising domestic data late last week in the form of the Institute for Supply Management Manufacturing Index, which moved higher in June despite a number of other unfavorable manufacturing reports in recent weeks, commodities have since moved higher from recent lows and the credit outlook for Chinas banks fell following a report by Moody's Investors Service.
Even admirers of the late J. Edgar Hoover (count me among them) recognize that the old man stayed on duty long after wisdom dictated retirement. But despite his flaws, I suggest that it is only in the post-Hoover FBI, when his notoriously strict discipline softened, that we could see the spectacle of two agents working on Chinese counterintelligence succumbing to the sexual allures of a "source" who also was an agent of the Chinese Ministry of State Security (MSS).
Sen. Richard J. Durbin, Illinois Democrat, is here to help. Grab your debit card and run. Thanks to the latest kindness from the Senate's No. 2 Democrat, many of America's 185 million debit-card owners soon will endure new fees and lose existing benefits. Other consumers can kiss their free checking accounts goodbye. Mr. Durbin's bright idea even could shutter some banks.