Home / Business / Whole Foods takeover of Sears would extend across the United States

Whole Foods takeover of Sears would extend across the United States



<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " Amazon] AMZN ) may have helped speed up the end of the former retail giant Sears ( SHLD ), and the e-commerce giant would also benefit from the depleted Sears stores. "data-response time =" 15 " > Amazon ( AMZN ) may have helped increase the end of the former retail giant Sears ( SHLD ), and the ecommerce giant would also benefit from the depleted Sears stores.

<p class = "canvas-atom canvas-text Mb (1

.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " The company's Whole Foods division is watching at the bankruptcy Sears closed stores, hoping to take advantage of chain locations in states like Montana and Wyoming, previously considered inaccessible, sources told Yahoo Finance [19659002]'s Crystal Hu. " data-response time = "16"> Co mpany's Whole Foods division is now eyeing bankruptcy Sears closed stores, hoping to benefit from chain sites in states like Montana and Wyoming previously considered out of reach, sources told [19659005] Yahoo Finance s Krystal Hu.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " The last three years has 126 year old Sears closed 123 Sears stores, 205 Kmart stores and fired thousands of employees. (Kmart is owned by Sears.) Sears is now ahead of liquidation. "data response = "17"> Over the past three years, 126-year-old Sears has closed 123 Sears stores, 205 Kmart stores, and fired thousands of employees. (Kmart is owned by Sears.) Sears is now facing liquidation.

Here's what a Whole Foods takeover of Sears stores would look like on a US map:

An entire food takeover of Sears would extend across the United States (Graphics: David Foster / Yahoo Finance)

<h2 class = "canvas-atom canvas text Mb em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " A complete takeover of Sears due to liquidation "data-reactid =" 30 "> If Whole Foods takeover of Sears would depend on liquidation

<p class =" canvas-atom canvas-text Mb (1.0em) Mb (0 ) – sm Mt (0.8em) – sm "=" text "content =" Sears started as Sears, Roebuck and Co. in 1893, selli ng jewelry and watches. Stock Exchange in 1906. It also expanded into financial services in 1980 and introduced Discover the credit card in 1985. "data-reactid =" 31 "> Sears began as S ears, Roebuck and Co. in 1893, which sells jewelry and watches. The company listed on the New York Stock Exchange in 1906. It also expanded into financial services in 1980 and introduced Discover Credit Card in 1985. [19659010] <p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt ( 0.8em) – sm "type =" text "content =" In its heyday in the 1970s and 80s, Sears saw its annual turnover reach about 1% of US gross domestic product. "data response = "32"> Sears saw its annual turnover in the 1970s and 80s and reached about 1% of US gross domestic product.

<p class = "canvas- Atomtext Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " But with competition from other retailers like Target and Walmart started the company slowly losing its foothold, and with the advent of the Amazon, ran into bankruptcy. "data-reactid =" 33 "> But with competition from other dealers such as Target and Walmart, the company slowly began to lose its foothold, And with the advent of the Amazon, ran into bankruptcy.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " Sears chairman Eddie Lampert – as also hedge fund ESL Investments, Sears company's largest shareholder and creditor – has a last chance & nbsp; to buy the chain out of business and save around 50,000 jobs and 425 stores. "data-reactid =" 34 "> Sears chairman Eddie Lampert – who also owns hedge fund ESL Investments, Sears company's largest shareholder and creditor – has a last chance to buy the chain out of business and save around 50,000 jobs and 425 stores.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" = "text" content = " Lamped plans depend on an auction who will take place on Monday where a judge will decide whether a takeover or a liquidation is the next step Reaktime = "35"> Lamped plans depend on an auction that will take place on Monday where a judge will decide if a takeover or liquidation is the next step

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" Aarthi is a writer for Yahoo Finance. Follow her on Twitter @aarthiswami . "data-reactid =" 36 "> Aarthi is an author of Yahoo Finance. Follow her on Twitter @aarthiswami . [19659042] <p class =" canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" Read more: ] "data-reactid =" 37 "> Read more:

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm (19659041) Instagram Flipboard ] Twitter Facebook, Instagram, Flipboard, LinkedIn, LinkedIn and reddit and reddit.


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