Sears’ sales declined in the second quarter as it shifted away from low-margin goods like electronics and it focused on increasing the number of loyal customers through reward programs.
Parent company Sears says credit card & debit card info may have been affected
While many other consumers will simply avoid holiday crowds at shopping malls or even wait until Cyber Monday, retail stores across the nation will be buzzing with activity on the day after Thanksgiving. The following are five of the best American cities for Black Friday deals.
CPI Corp., a St. Louis-based operator of more than 2,000 U.S. portrait studios that abruptly closed its outlets last month, has filed for bankruptcy.
Republican Mike Babcock of Bethalto (pictured) is running for state senate.
Company took $150 million state tax credit just two months earlier.
Crestwood Plaza store on closing list
According to Rep. David Harris the tax breaks for Sears depend on the company’s ability to maintain 4,250 jobs at the Sears headquarters in Hoffman Estates.
The closings are the most visible in a long series of moves to try to fix a retailer that has struggled with falling sales and shabby stores.
Sears had threatened to leave Illinois without the legislation.