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Photos: Empty Shelves At Sears And Kmart As Vendors Get Squeezed
Dec. 4, 2014
Summary
- Photos show empty shelves at Sears and Kmart.
- Stores have 10% less merchandise than last year, when shoppers were already complaining of empty shelves.
- Vendors are being squeezed by the cost to protect shipments from a Sears bankruptcy, priced at over 140 times the rate of comparable Walmart insurance.
- An ongoing effort by Sears' CEO to mitigate vendors' costs appears to be falling apart.
Large gaps have opened up in the soda aisle at this Beaverton, Ore. Kmart store.
Shelves are running empty at Kmart and Sears stores as vendors get squeezed by the cost to protect shipments from a potential bankruptcy of Sears Holdings Corp. (NASDAQ: SHLD).
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