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Hot Issue: Department Stores

9/2/08
Sears' Struggles Continue

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Another poor quarter has once again proved to many market observers that Sears Holdings has no idea what it's doing. Some analysts predicted the imminent extinction of Kmart. In a commentary, The Wall Street Journal called for the firing of chairman Edward Lampert. Is it time for Edward Lampert to admit he's not a retailer and step down as chairman of the company?

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