I Am a Millennial Who Just Went to Kmart for the First Time Ever and Couldn't Believe This Place

I, likely because I'm a millennial, had never been to a Sears Holdings Corp.-owned (SHLD) Kmart before. Until today. On Monday, July 3, I took a trip to a Kmart store in Brick, N.J., and I was amazed, for several reasons, that its doors were still open. The store was dingy, dirty and disorganized, far worse than the Sears store I recently visited that I thought was a horror show. Plus, the location was poorly stocked, despite the fact that I arrived around 9 a.m., only one hour after it opened. But, Monday's trip gave me yet another insight into why its parent, Sears, announced on Friday it is closing an additional 43 stores on top of the 265 locations, across both Sears and Kmart banners, it

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  Sears in Kenosha closing

  CBS 58 Milwaukee
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  Struggling Sears to close 43 more stores in an attempt to cut costs

  Daily Mail

We Want to Fly to India, Mideast

Delta Air Lines (DAL) would resume flights to India and the Middle East if the U.S. were to successfully restrain the growth of the Middle East carriers, says CEO Ed Bastian. "When we win this fight, we're going to go back to India," Bastian said during a 15-minute movie intended to explain Delta's involvement in the conflict to employees and posted recently on its website. "We're going to go back to be able to fly back to the Middle East," Bastian said. "We're going to be able to add jobs, lots of jobs. We are going to be able to add new longhaul airplanes to support that growth. And that's just the start." In February 2016, Delta ended its Atlanta-Dubai flight, saying it could not compete with

Lowest-income families spend 40% of their money on what economists label luxuries

It turns out that all Americans, regardless of income, spend a large percentage of their income on what economists categorize as luxuries. People who make the most money spend the biggest chunk of their incomes on luxury goods, but even the poorest households spend a significant amount on luxuries, according to an analysis released recently by Deutsche Bank Research. The wealthiest families (the top fifth of earners) spend around 65% of their incomes on luxury goods and 35% on necessities, according to the study, which looked at spending habits between 1984 and 2014. Middle-income households weren’t far behind: They spend 50% on luxuries and 50% on necessities. Even the lowest-income families