Kmart & Sears
This morning on the news I heard that Martha Stewart has made $33 billion on the news that K-Mart has bought Sears since her Martha Stewart Living brand will now also be carried in Sears stores. Wow, who would have thought that K-Mart would be buying Sears for $11 billion. Didn't K-Mart file for bankruptcy two years ago? Man, that's insane. I remember when they filed for bankruptcy everyone was so sure that K-Mart wouldn't be able to pull themselves out, and now they have bought Sears. What a come back. It seems these days that the discount retail chains like Walmart and Target are doing much better than the higher end stores. Since our economy has been in such a slump people are watching their dollars. I just wish housing prices would come down so I can actually afford to buy a house!
posted by ~clai @ 10:19 AM
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