Amazon ($AMZN), is just having a bad time with it’s stock plummeting from highs, today the sto
ck is down 3% in trading.
Amazon is the largest online retailer of a variety of products from its ebook and now tablet, to electronics to appliances and even food. But now, Amazon is starting to show its cracks. Read the rest of this entry »
Sears Holdings Company ($SHLD) dropped more than 25 percent today due to a drop in same store quarter-
to-date sales in both its Kmart (-4.4%) and its namesake store Sears (6%).
Due to the following drop, Sears Holding Co, will shut between 100-120 stores. The common issue with KMart and Sears is a drop in consumer electronic sales and a decline in appliances at Sears.