Sears Closing 100 Stores, Laying Off Over 5,000 Workers

This is stunning.  Sears is scheduled to lay off over 5,000 workers, many before Christmas, to increase bottom line.  I wonder if they've moved, like McDonald's, to more automated services, like automatic check out.  Seems highly unlikely. 

I did not know that Sears owns Kmart.  "The company, which is struggling to reduce costs as its sales dwindle, closed 75 Kmart stores and 21 Sears stores in the first half of 2014."