Things are even worse for Sears, which also an anchor store in the Joplin mall. Though shares were up in trading this morning, the company has difficulties ahead, according to an article according to Forbes:
Even so, today's gain doesn't mask the problems at Sears' Kmart and namesake chain. The retailer, led by billionaire Eddie Lampert, whose hedge fund ESL Investments owns a 40% stake, has struggled to rejuvenate sales. On Monday, the company said same-store sales fell 4.3% at Sears and 3.8% at Kmart in the second quarter, with sales down across most categories. Weak demand forced Sears to initiate higher markdowns, particularly on seasonal apparel merchandise.