Quote:
Originally Posted by Katie1
Macy & KMart/Sears is Closing stores. Best Buy has ALL their Returns...Open Box on 1/2 the marked price. Don't seem to me they made or are making anything.
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Kmart/Sears will be lucky to make it through 2017 alive. They've been on a downward spiral for a
very long time. That latest 150 store closure they announced is unlikely to be the last, and they're starting to sell off their brands (they also announced they're selling the Craftsman brand to Stanley). Frankly, I will be seriously surprised if they don't file bankruptcy this year, and if they do a chapter 7 (selling off assets, not a restructuring) is highly likely.
Macy's is struggling, but in comparison to Kmart/Sears they're doing great. Admittedly, in comparison to Kmart/Sears almost
everyone is doing great.