7 Reasons Best Buy Won't Be Around in 7 Years
The hunt is on for Best Buy's next CEO, but it won't be an easy post to fill: The hard truth is that the concept of the consumer electronics superstore is becoming less relevant with each passing year.
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How Sears Can Save Itself: Buy and Sell American
On Tuesday, Sears Holdings announced it would close as many as 120 Sears and Kmart stores after a holiday sales season in which it fell flat on its face. What Sears really needs is a new image -- an idea that will lure shoppers back. Could "Made in the USA" be it?
Is Sears Headed for Bankruptcy?
Shares of Sears Holdings fell 27% Tuesday on news that the retailer would close as many as 120 poorly performing Sears and Kmart stores -- an unusually harsh response to a cost-cutting measure. Clearly, investors are concerned that the problems run much deeper -- and they're right to worry.
Two Recalls Dampen Holiday Cheer
This is the time of year when retailers can't seem to move product out of their stores fast enough, but now Walmart and Target are scrambling to get some of their merchandise back: Potentially tainted infant formula and a children's travel case that definitely has too much lead in its paint.
Why Sears Will Never Be Great Again
When Sears and Kmart were merged into Sears Holdings by Eddie Lampert, it looked like he had a reasonable plan to reinvigorate the two battered retailers. What went wrong? Just about everything.