Sears is closing 77 Sears and Kmart stores and cutting 5,300 jobs. And that's not even the worst news.
The fact that most of these stores will close before Christmas is akin to raising a white flag, since holiday sales are the lynchpin for any retailer's entire year.
Bah Humbug: Sears is closing 77 more stores - Oct. 23, 2014
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