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NPR

Las Vegas Housing Market Attracts Asian Investors

In Las Vegas, the housing market continued to struggle this year, but investors from Asia see opportunity there. They're taking advantage of housing prices that have plummeted in recent years, buying foreclosed homes for less than it would cost to build them.
NPR

'Slow, Plodding' Economy Stalled By Housing Market

Home prices have fallen 35 percent from their peak about six years ago and continue to drop. That makes lenders and potential homebuyers nervous, so sales aren't picking up much despite the lowest interest rates in decades. And the unsolved foreclosure mess continues to push prices down even more.
NPR

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.

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