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Ailing Sears Holdings Corp. says it's closing 108 more Kmarts and 42 more Sears locations. But analysts say they need to close more. Real estate research firm Green Street Advisors says about 800 stores, or 20 percent of all U.S. mall anchor space, would need to close to match the inflation-adjusted sales productivity of 2006.
To read more about online shopping clothes visit clothing storesBeyond becoming leaner, experts say chains need to rethink how they do business, such as shortening the time from conceiving a product to delivering it to stores, or creating unique products for shoppers demanding more personalization. "We really are at a tipping point," said Steve Barr, consumer markets leader at PwC, who expects stores and brands to reduce the timeframe for new products to just a few months from the industry average of nine months. ____ Follow Anne D'Innocenzio: http://twitter.com/ADInnocenzio Copyright 2017 by The Associated Press. All rights reserved.
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and overseas airports. U.S. District Judge James Robart in Seattle suspended the order after its legality was challenged by Washington state, eliciting a barrage of angry Twitter messages from Trump against the judge and the court system. That ruling was upheld by a three-judge panel at the 9th U.S. Circuit Court of Appeals in San Francisco last week, raising questions about Trump's next step. At a Seattle court hearing on Monday, Robart said he would move forward with discovery in the case, meaning the request and exchange of information pertinent to the case between the opposing parties. Meanwhile, an unidentified judge on the 9th Circuit last week requested that the court's 25 full-time judges vote on whether the temporary restraining order imposed on Trump's travel ban should be reconsidered by an 11-judge panel, known as en banc review. The 9th Circuit asked both sides to file briefs by Thursday. Since judges appointed by Democrats hold an 18-7 edge on the 9th Circuit, legal experts say it is unlikely a majority will disagree with the court's earlier ruling and want it reconsidered. Arthur Hellman, a professor at the University of Pittsburgh School of Law who has studied the 9th Circuit, noted that one of the three judges who issued the original ruling was appointed by George W.