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I've been watching reports about Sears and it's rather interesting - the CEO is insane, is running the company into the ground.
Sears, Macy's, JC Penny's, Kmart.... These are old school stores and out of touch with reality. Our family has no need to go any of these stores - We buy most of our stuff at Target which is two blocks away and has everything we need. Target even sells suits at one fourth the price Macy's has.
It's just so much cheaper to run an online store instead of a physical store. You can sell the same amount of products with a lot less staff and infrastructure which means less costs and more profits. We do most of our shopping through Amazon these days.
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