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Two Kmart stores in St. Petersburg will close in May as Kmart's parent company shuts underperforming stores. ...more
February 27, 2009
Retailers reported dismal sales figures for December on Thursday as even Wal-Mart Stores, one of the bright spots in the industry, finally buckled under the pressures of the deteriorating economy. ...more
January 9, 2009
Sears Holdings Corp., the owner of the Sears and Kmart retail chains and Kenmore appliances, will reorganize into separate business units after a year of sales declines and dwindling profit. ...more
January 22, 2008
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