Thursday, June 30, 2011

Gan Tits Up- 5

10 :: Sony Pictures

6 :: Sears

The parent of Sears and Kmart-Sears Holdings is in a lot of trouble. Total revenue dropped $341 million to $9.7 billion for the last quarter. New CEO Lou D'Ambrosio recently said of the last quarter that, "we also fell short on executing with excellence." Shares are down 55% during the last five years. The path D'Ambrosio is likely to take is to consolidate two brand into one-keeping the better performing Kmart and shuttering Sears.

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