Here's What Closing Sears and Kmart Would Look Like

The chains are so ubiquitous, it would take a long time to shut them down.
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To paraphrase Mark Twain, reports of Sears and Kmart's death have been greatly exaggerated.

Or so says Eddie Lampert, hedge-fund operator and CEO of Kmart parent Sears Holdings. He penned a blog post this week dispelling rumors of Kmart's imminent shutdown.