This post was contributed by a community member. The views expressed here are the author's own.

Community Corner

What Recovery? Sears And J.C. Penney Are DYING

Two of the largest retailers in America are steamrolling toward bankruptcy.  Sears and J.C. Penney are both losing hundreds of millions of dollars each quarter, and both of them appear to be caught in the grip of a death spiral from which it will be impossible to escape.  

http://theeconomiccollapseblog.com/archives/what-recovery-sears-and-j-c-penney-are-dying

We’ve removed the ability to reply as we work to make improvements. Learn more here

The views expressed in this post are the author's own. Want to post on Patch?