Small-Format Sears Stores: Great Idea, but It's Too Little, Too Late

For a long time, Sears Holdings (NASDAQ: SHLD) did little to address its plunging revenue and cash flow other than closing underperforming stores and trying to sign more people up for its Shop Your Way loyalty program. However, in recent years, the retail icon has started to become more creative in its attempts to reinvent itself.

Most notably, Sears has started opening small-format stores that specialize in selling appliances and mattresses. It has also been shrinking some of its full-size stores and devoting most of the remaining floor space to better-performing categories like appliances, tools, and mattresses.

Sears has started to shrink some of its full-size stores. Image source: Sears Holdings.

Source: Fool.com