![2014-02-28t195539z-1-cbrea1r1jd100-rtroptp-4-sears.jpg](https://assets2.cbsnewsstatic.com/hub/i/r/2014/02/28/2b29fbc8-1a64-4362-9b9b-8a83c3d0b880/thumbnail/640x360/155a4cabff3809220c64e52afbc619c7/2014-02-28t195539z-1-cbrea1r1jd100-rtroptp-4-sears.jpg?v=ca135fae0838bc5b23b70dacd2a620f1#)
An unhappy holiday in store for Sears workers?
The retailer is said to be closing more than 100 Sears and Kmart stores, cutting 5,000 jobs
Watch CBS News
Aimee Picchi is associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has been published by national news outlets including USA Today and Consumer Reports. Aimee frequently writes about retirement, and has been a National Press Foundation fellow for reporting on retirement and Columbia University's Age Boom Academy. She's also the editor of the Institutional Investor book "Cultivating the Affluent II," with noted wealth consultant Russ Alan Prince.
The retailer is said to be closing more than 100 Sears and Kmart stores, cutting 5,000 jobs
The American middle class is poorer than anytime since the 1940s, thanks to rising inequality
Once sacrosanct, Turkey Day is increasingly becoming the real kickoff for holiday shopping as retailers battle Amazon
Workers aren't uniting over the group's hourly pay, which is far below its $20 per hour platform
It's October and another deluge of pink-ribbons, but consumers often can't tell if their purchases help fight breast cancer
The tech world may not have the same pay gap as other fields, but it's worse on other fronts
Some customers may be entitled to cash or $15 in Red Bull products, thanks to a settlement
Does the nation's $2.13 per-hour minimum wage for tipped workers lead to widespread harassment in restaurants?
Some degrees offer far less earnings potential over a lifetime, while others are more likely to provide a solid payday
The former Fed chairman says his inability to refinance his mortgage is a sign of "excessive" lending standards
The industry is sapping consumers with sky-high rates, abusive collectors and unauthorized withdrawals
With a recent release laying an egg, the app designer Rovio will cut 16 percent of staff
Biotech firms working on ebola treatments saw their share prices spike, while airline are getting clipped
Fire at FAA air traffic control center continues to cause delays and hurt local business
With eBay planning to spin it off next year, the service will be better able to benefit from a payment revolution