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End of the shopping mall: “Sears is closing another 43 struggling stores.”. Wow! Sears Holdings announced last week that it will close eight of its Sears department stores and 35 Kmart locations, adding to the list of 236 stores the company plans to shut down in 2017. In March it said that it had “substantial doubt” about its ability to remain in business. It’s lost $10 billion since 2010, the last time it turned a profit. Sears closed 240 stores in 2016 and 53 in 2015.
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How often do people have sex?. Only Google knows, apparently.
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Echoes of Wall Street in Silicon Valley’s grip on money and power. Yep.
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LSE Blog: Seven Signs of Over-Hyped Fintech. Useful. Doesn’t just apply to Fintech either.