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From 2002 to 2005 Kmart saw a steady decline in annual sales. They went from $36151 million to $19701 million between those years. Their competitors on the other hand had major growth in annual sales. Wal-Mart went from $217799 in 2002 to $285222 in 2005. Target saw a rise in annual sales from $39888 in 2002 to $48163 in 2004 and a decline of $1324 in 2005 making it $46839. In both the annual sales and income statements for Kmart, the 2005 increase is a result of their becoming part of Sears. Today, Sears Holdings is now the third-largest retailer in the US with about $55 billion in annual sales...
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