Retail Focus 9/21/16 – Yet More Kmart Closures, Lidl Announces U.S. Expansion Plans

Sears Holdings moves to close around 7% of their remaining Kmart stores by next January, and we go beyond the headlines to diagnose what this could mean for the company and their REIT. We explore whether or not there is room in the U.S. grocery market for Lidl, seasonal hiring for Kohl’s, and future prospects for Ascena Retail Group after an earnings miss.