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I am pretty certain MP3 players and ipods are driving the changes. People still want to listen to a ballgame but an ipod can't do AM.
Years ago they also had a Montgomery Ward too.
More and more stores are closing (even ones like mine that were profitable and perfectly good, we were one of the top stores in the area) and there doesn't seem to be any real interest from the top execs in turning the company around, they're just looking to squeeze every dollar out of it till the end.
I thought the same hedge fund manager that bought KMart then used KMart to buy Sears and is basically using the asset to pump cash into his other ventures.
Jeffrey Loria got rich selecting the artwork endorsed by Vincent Price and sold through Sears. I doubt any entity that helped Jeffry Loria get rich is still rich today.
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