More Bad News for S...
 

More Bad News for Sears/Kmart  

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vicanuck
Posts: 2376
(@vicanuck)
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Joined: 9 years ago

It appears that Sears unit in Canada is about to collapse and probably won't make it to the end of the year.

We already know the US Sears and Kmart stores are in just as bad shape.

Sears Canada says there is ‘significant doubt’ it can continue as cash crunch worsens, shares plunge

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speee1dy
Posts: 8723
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Joined: 11 years ago

sign, it seems to be the way for a lot of brick and mortar stores these days.

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Scubadoo
Posts: 2234
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Joined: 5 years ago

But not all. HHGregg closed recently. A few months before that another chain store looking similar and selling the same sort of stuff opened in our area in the states.

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singlefin
Posts: 854
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Joined: 5 years ago

Hopefully Walmart moves in quickly. Considering their huge presence in Puerto Rico, an expansion into the USVI seems like a no-brainer. Especially since our Kmart was one of only a few in the entire country that still made a profit.

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speee1dy
Posts: 8723
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Joined: 11 years ago

not walmart, their clothes quality isnt that good

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