Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Proud Deplorable who wrote (77394)	4/8/2008 9:22:52 AM
From: ajtj99	Read Replies (1) of 116555

It sounds like Sears/K-Mart, with the store being described a K-Mart. No surprise there. Sears Holdings is just a slow liquidation disquised as a corporation. It's the world's slowest going out of business sale. You cannot draw general conclusions on the performance of the economy based upon what's going on at K-Mart/Sears. These stores are dead retailers walking. If you went to the Target or Walmart stores around the corner or these stores you'd find a busy, bustling retail environment. Oh, and Sears Holdings is no longer a top 3 retailer with their annual sales drops of 10%-15%.

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