Pete KraynakMany American consumers have sworn off shopping at Sears and Kmart, their local stores have closed, or they have just forgotten that the chains exist. Business that once went to Kmart now goes to discount store competitors Kmart and Walmart, logically enough, but where do Americans go for the things that they once bought at Sears? The Wall Street Journal explains that the main beneficiaries of Sears closing many stores and driving away existing customers has been Home Depot and Lowe’s.
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Laura Northrup, The Consumerist
Wed, 11/26/2014 - 12:01pm
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