Friday, January 17, 2014

What Recovery? Sears And JCPenney Are DYING - Freedom Outpost | Freedom Outpost

What Recovery? Sears And JCPenney Are DYING - Freedom Outpost | Freedom Outpost: "Two of the largest retailers in America are steamrolling toward bankruptcy. Sears and J.C. Penney are both losing hundreds of millions of dollars each quarter, and both of them appear to be caught in the grip of a death spiral from which it will be impossible to escape. Once upon a time, Sears was actually the largest retailer in the United States, and even today Sears and J.C. Penney are “anchor stores” in malls all over the country."

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