There were some articals out recently that both of these retailers were likely to start scaling back this year. Bestbuy, was going to move towards being more of an online retailer as it's online traffic was still quite good despite sagging sales in it's retail stores. Sears has already started to sell off a lot of it's better real estate holdings, eventually it may try to sell off the Craftsman and Kenmore brands too.
Sucks for those being laid off...they'll have to get jobs at warehouses loading up packages for online shipping.
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"Some guys like old balls"
Patriots QB Tom Brady
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