The Washington Times

Kristin Bentz

Latest Kristin Bentz Items
  • Sears Holdings Corp. plans to close between 100 and 120 Sears and Kmart stores after the retailers recorded softer-than-expected holiday sales. The closings are the latest in a long series of moves to try to fix a company that has struggled as rivals such Target Corp. have spruced up their looks. (Associated Press)

    Sears, Kmart failed to anticipate their customers' needs

    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.


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