Some retailers are doing okay. Target has done well, except for that our-entire-system-was-hacked thing.
Best Buy has bounced back. They finally decided to do price-matching with online, among other things, and they’re growing again.
Sears is a proud name, but they never adapted correctly. They got rid of their catalog, which was sort of the correct move, but they didn’t go into online, which should have been a natural for a company that was originally a catalog.
Meanwhile, merging it with K-Mart was a horrendous mistake. K-Mart totally deserved to die. Instead, they got saddled with each other.
Can’t believe Eddie Lampert is still running things. He’s been there for more than a decade, and the entire company has done nothing but wither.