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Sears And Kmart Conduct Massive Markdown

Sears and sister discount chain Kmart have embarked on their most aggressive holiday sales ever.

In an effort to boost flagging traffic and revenue, Sears and sister discount chain Kmart have embarked on their most aggressive holiday sales ever, with across-the-board discounts of as much as 50 percent. “It’s unprecedented,” a company spokesman said.

“Sears, reeling from billions in losses and sputtering mall traffic, is increasingly turning to a time-honored retail tactic: putting everything on sale.”

See the full story at MSN Money.

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