Originally Posted by kingtopher
Actually, from what I've read Sears is in more trouble than Kmart.
It's hard to separate them since they are one in the same company. Do they publish separate traffic/financials publicly? Maybe they do in the footnotes, I honestly don't know as I wouldn't touch this company with a 10 foot pole (as far as being an investor is concerned).
Either way, Sears has radically gone downhill since KMART bought them out years ago. I see too many KMART's that are basically in areas ravaged by the ghetto, in dangerous areas I would not want to set foot in. Their merchandise looks like it's from the 1970's. Their only chance was instead of acquiring Sears all those years ago, to invest that money in closing stores in ghetto areas and upgrading their real-estate profile. Instead they took on LOADS of debt to buy out Sears, and invested NO money in stores whatsoever.
The combination was obviously doomed to fail. These companies have both been left in the dust to Wal-Mart, Target, etc. And now with the internet they are going to the weak hands that there is no room for in the market.