America’s Eight Worst-Performing Retail Chains | TheBlaze.com.
Listed at the Blaze are America’s eight sinking retail chains, listed in order from least grim to most likely to go under: JC Penney, The Gap, Foot Locker, Home Depot, Office Depot, Office Max, Dillards, and in the depths……at a five year, 23.5% drop in sales, and stock decrease of – 53% is K Mart/Sears.
The Blaze article inaccurately suggests a merger between Sears and KMart, but in truth, K Mart became a holding company which bought Sears,…. then wrecked it.
Since the time K Mart acquired Sears, it has consistently lost sales, bringing it to the bottom of the retail dumpster where it lives today.
