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I found Obama's Change! Eight Retailers That Will Close the Most Stores! etc...etc..

 
Anonymous Coward
User ID: 25765527
United States
02/02/2013 02:34 PM
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I found Obama's Change! Eight Retailers That Will Close the Most Stores! etc...etc..
Not so Good..the lists are growing..and growing..and growing..

Several of America’s largest retailers have been battered for years.

Most have been undermined by a combination of e-commerce competition, often from Amazon.com Inc. (AMZN) and more successful retailers in the same areas. Borders and Circuit City are two of the best examples of retailers that were destroyed by larger bricks-and-mortar competition and consumers transitioning to online shopping. These large, badly damaged retailers could not possibly keep their stores open.

Forecast store closings: Kmart 175 to 225, Sears 100 to 125
> Number of U.S. stores: 2,118
> One-year stock performance: 8.8%


jc penneys

Forecast store closings: 300 to 350
> Number of U.S. stores: 1,100
> One-year stock performance: -53.

and more...

[link to finance.yahoo.com]
Anonymous Coward
User ID: 9247375
United States
02/02/2013 02:58 PM
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Re: I found Obama's Change! Eight Retailers That Will Close the Most Stores! etc...etc..
bump
Anonymous Coward
User ID: 24842937
United States
02/02/2013 03:03 PM
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Re: I found Obama's Change! Eight Retailers That Will Close the Most Stores! etc...etc..
Office Depot is closing 20% of its stores.

Stock went up 80% last year.

Gotta love Wall Street.