Friday, February 27, 2009

Sears in Century Plaza to Close

The article I read is about a Sears in Birmingham that is going to close it's doors. This comes along with news that Sears plans to close 24 underperforming stores across the U.S. This means that several jobs will be lost, creating many more people who will be unemployeed and looking for new jobs.

In today's economy it is getting harder and harder to find job security, or even find a job to begin with. The retail industry specifically is one of the hardest hit by the recesssion. Big names in retailing like 'Sears', who were once at the top of the retail industry, are having to close their doors because business is so bad. We're starting to see the trend of retailers going bankrupt and closing there doors more and more every day.

http://www.bizjournals.com/birmingham/stories/2009/02/23/daily51.html

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