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Comments by "" (@davinp) on "Fox Business" channel.
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Yes, last year they closed many stores, but they are doing a little better than Sears. The problem is most of the JCPenny and Sears stores are attached to malls and malls are not as popular as they used to be.
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Unlike the outdated Sears stores, Walmart is modern with self-check outs and other modern technology
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Right. I read an article last year about the downfall of Sears. In it, a college professor asked his students if they ever shopped at Sears and several of them didn't know what a Sears was. Today's young people don't shop at these big department stores
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yes, their stores are outdated, some look run down, and poor customer service is why no shops there anymore
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Sears used to have the Sears tower in Chicago, but they sold and moved out it in the early 1990s.
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JCPenny started selling appliances this year, which also have may have hurt Sears, but JCPenny can benefit from Sears bankruptcy.
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