Tag:

Economic Loss

Active, Volatile Atlantic Hurricane Season Predicted Active, Volatile Atlantic Hurricane Season Predicted
Active, Volatile Atlantic Hurricane Season Predicted A dynamic and potentially volatile Atlantic hurricane season is being predicted this year, with several similarities to the historic destruction seen last year. “Everyone needs to start planning and preparing for hurricane season,” AccuWeather Chief Meteorologist Jonathan Porter said. “Climatology, weather patterns, water temperatures, and many other factors all point to yet another active Atlantic hurricane season with more tropical storms and hurricanes forming compared to the historical average.” “We expect fewer named storms this year compared to last year. The total number of stor…
Sears Plans To Close 63 Stores Sears Plans To Close 63 Stores
Sears Plans To Close 63 Stores Click here for an updated story: Full List Of New Round Of Sears, Kmart Closures Announced Sears has announced another round of store closures as sales continue to decline. Sears Holdings Corp., which also owns Kmart, said in an earnings statement Thursday it plans to close 63 of about 100 nonprofitable stores. The company initially announced plans to close 72 stores, but later in the day adjusted that number to 63 stores: 48 Sears stores and 15 Kmart stores. Nine additional stores that it initially planned to announce would close will be evaluated further. There are 529 Sears stores an…