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By Brahma Chellaney
Beijing's creeping aggression signals a challenge to U.S. presence in the Asian Pacific
Independent voices from the The Washington Times Communities
Topic - Kristin Bentz
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.
Consumer retail analyst Kristin Bentz said there weren't enough shoppers who shared such fealty to Sears over the years.
"Target made saving money cool. There has been a shift in value and being savvy, and they made it sexy," said Ms. Bentz, a former Wall Street analyst at Lehman Brothers who now runs her own advisory firm, Talented Blonde LLC.