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Walmart, Home Depot, Now Sears: U.S. Retail Sales Collapsing
chains directed at America's lower 80%, Walmart and Home Depot, announced their sales had declined two weeks earlier.
So much for billionaire hedge fund honcho Edward Lampert's promise when he merged Kmart and Sears Roebuck Co. in March 2005, that he would generate great profits for its shareholders by cutting costs and jobs.