Who Isn't Eating Sears' Lunch?
December 27, 2011 at 12:26 PM EST
Sears Holdings' announcement that it will close between 100 and 120 locations should not really be a surprise. Since the combination of Sears and Kmart, management has focused on everything BUT the most important item: the customer. Stock buybacks and cost cutting have ruled while Target, Kohl's and Wal-Mart have focused on sprucing up stores and grabbing a larger share of the consumer wallet.