Quote Originally Posted by catch22 View Post
JCP is still there, was in it last week.
JC Penney may or may not be around in 10 years, but unlike Sears/Kmart, they're trying. Sears has been on a decade-long unwinding of the company, choosing to sell or sublet all their assets: physical property, intellectual property, etc. There has been no discernible attempt to fix the [[very many) things wrong with the company or try to relaunch either chain into something that might work in a modern retail world. It's sad because it didn't have to happen. At one time they were both reputable stores with distinct identities. No longer. Sears and Kmart, as late as the early 2000s, were fixable. Now we are just awaiting the official announcement [[which will take a year or two, peppered with more store closings, store shrinkage and brand spin-offs in the meantime).