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Morgan Stanley: Sears remains a superpower in retail



Sears’ falling sales and stock price often makes headlines.
Regardless of the many stores it has had to close over the last few years, Sears and KMart, the discount chain, still have an unbelievable number of localities.

The latest retail ‘atlas’ has been released by Morgan Stanley and it gives a clear breakdown of the geographical location of the different retailers.

The map related to Sears and Kmart indicates that in spite of the gloomy headlines, the retailers remain powerful. The two retailers have in excess of 1000 locations each, making up a total of 2500 stores. As a comparison, their main competitor, Macy’s, shows 843 stores.

More about shopping malls in the USA

Mar 26, 2020, USA:
McDonald's restaurant chain is forced to revise the menu as the coronavirus spreads.
Mar 26, 2020:
To support as many people as possible during difficult times, Nike makes its applications with exercise programs and video training available to everyone.
Mar 25, 2020, USA:
According to the company, it will gradually reopen stores in the regions where this situation allows.
Mar 24, 2020, Sweden:
The total number of closed stores around the world reached 3440 out of 5060.
Mar 24, 2020, United Kingdom:
McDonald's employees in Germany who are temporarily unemployed will be provided with Aldi discounter.
Mar 23, 2020, Spain:
Inditex Group, the largest fashion retailer in the global market in terms of revenue, began massively closing stores amid the spread of Covid-19.
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