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At Least 100 Sears, Kmart Stores To Close

Sears Holdings announced Tuesday it will shutter at least 100 stores as a cost-cutting measure following a disappointing holiday season. The retailer's namesake Sears and Kmart stores have struggled against competitors such as Wal-Mart, Target and Home Depot. Sears says it will save as much as $170 million through the store closings. It did not say how many employees will lose their jobs.
NPR

The Undertakers Of The Retail Industry

Right now is a perfect moment for a liquidator. The economy is bad enough that big companies are going out of business, but good enough that customers will come and buy the stuff that's for sale.
NPR

Big Technology A Threat To Small Businesses?

Many business owners were outraged when Amazon.com released an app offering discounts on items that customers scanned in stores but later bought on Amazon. Jasmine Johnson started an online petition against Amazon's promotion techniques. She and technology culture reporter Omar Gallaga speak with host Michel Martin.
NPR

Sears, Kmart Closings Will Shutter 3 Percent Of Company's Stores

Between 100 and 120 Sears and Kmart stores are going to be shut down as the retailer looks to trim costs and move ahead after it endured a pretty poor holiday shopping season. There are about 4,000 Sears and Kmart stores in the U.S. and Canada.

NPR

Company To Close Dozens Of Sears, Kmart Stores

This holiday season, things didn't turn out so well for Sears Holdings — the company that owns Sears and Kmart. It plans to shut down up to 120 of its stores.
NPR

County-Run Health Plans Seek To Expand In Calif.

The so-called public option may have died when Congress passed its health overhaul law in 2009, but it is alive and healthy in California. There, many counties have government-run health plans that people can buy. Now the debate is over what will happen to these plans when the federal overhaul law kicks in in 2014.
NPR

Medellin Inaugurates Giant Outdoor Escalator

Once known as one of the world's most violent cities, Medellin, Colombia, is enjoying the spotlight for a new socially-conscious public transportation system. The giant outdoor escalator was built for residents of one of the city's poorest districts, with the aim of better integrating them into the city and the broader economy.

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