Relevant:
- Sears Holdings to close 20 more stores as retail crisis continues
- America's ‘Retail Apocalypse' Is Really Just Beginning
- Retail Malaise Puts Pressure on Chains to Shutter More Stores
- ‘Retail apocalypse' now: Analysts say 75,000 more U.S. stores could be doomed by 2026
- Wal-Mart to close 269 stores, including 154 in the U.S.
2013-02-18 — investmentwatchblog.com
``If the economy is improving, then why are many of the largest retail chains in America closing hundreds of stores? When I was growing up, Sears, J.C. Penney, Best Buy and RadioShack were all considered to be unstoppable retail powerhouses. But now it is being projected that all of them will close hundreds of stores before the end of 2013. Even Wal-Mart is running into problems. ''
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