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Sears Holdings to accelerate closure of unprofitable stores
A combined 7.1% same-store sales decline at Sear and Kmart stores in the fourth quarter has parent company Sears Holdings vowing to undertake a wide range expense reduction and cash generating moves, including more store closings and asset sales.
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PetSmart launches protein bar for dogs
PetSmart has become the first pet retailer to ink a deal with the founder of one of the newest and most exciting innovations for dogs: meal replacement bars.
The specialty pet store announced it will carry TurboPUP portable meal bars for dogs in more than 900 PetSmart stores across the U.S. and Canada this year. Last week the founder of TurboPUP bars appeared on ABC’s Shark Tank with the news of her exclusive, national retail deal with the retailer.

