官方APP下载:英语全能特训(微信小程序版,支持苹果手机、安卓手机)
创办于2003年
UNSV记不住?那就记中文谐音“忧安思危”吧!
  Slow and Steady Wins the Race!
UNSV英语学习频道 - Slow and steady wins the race!
公众微信服务号
英语全能特训(微信公众服务号)
UNSV英语学习频道淘宝网店
客服短信:18913948480
客服邮箱:web@unsv.com
初级VIP会员
全站英语学习资料下载。
¥98元/12个月

ECONOMICS REPORT - Sears and Kmart To Merge

阅读次数:


VIP会员专享下载:(非VIP会员无权下载!如果想下载,但还不是VIP会员,请点此订购
下载方式:使用鼠标右键(注意是鼠标右键!)点击下面的MP3音频/MP4视频链接,然后选择“另存为…”。
MP3节目录音 MP3节目录音  PDF节目文稿 PDF节目文稿 
文章正文
同步字幕

I'm Gwen Outen with the VOA Special English Economics Report.

Sears used to call itself "the place where America shops." For more than a century, Sears department stores have tried to meet the needs of a changing nation. Now, the company that was once the nation's biggest seller faces big changes of its own. A smaller competitor, Kmart, announced plans last week to buy Sears for eleven thousand million dollars.

Richard Sears and Alvah Roebuck started Sears, Roebuck and Company in eighteen ninety-three. At first they sold only timepieces and jewelry. Then they published a general catalog for people to order goods by mail.

Graphic Image
Graphic Image

Sears opened its first store in nineteen twenty-five in Chicago. As the company grew, it opened many stores in large shopping malls away from high land prices in cities. Sears also led the way in providing average people with credit cards.

Kmart opened its first store in nineteen sixty-two. It sold goods at low prices. That same year, Sam Walton opened his first Wal-Mart. He used computer technology to organize his business and improve the flow of goods to stores. He kept prices extremely low. Americans found a new place to shop.

In two thousand two, Kmart sought protection from its creditors. Businessman Edward Lampert bought control of the company. He sold many of the stores. He re-organized the company and reduced its debt. In two thousand three, Kmart came out of bankruptcy. Since then, its stock has increased over six times in price.

The purchase of Sears would create the third largest retail group in the country, behind Wal-Mart and Home Depot. Home Depot sells tools and home improvement products. The plan is to organize Sears and Kmart under a larger holding company called Sears Holdings, led by Mister Lampert.

Some people do not think the Kmart name will continue very long. Kmart is perhaps best known for a line of home products sold under the Martha Stewart name. Sears brands include Craftsman tools and Kenmore appliances like washing machines.

The merger of Sears and Kmart requires approval by shareholders and federal officials. Nobody knows how much the combination will help sales. Some experts suggest that the land under the stores may be worth more than the businesses themselves.

This VOA Special English Economics Report was written by Mario Ritter. This is Gwen Outen.

网友的学习评论(0条):
版权所有©2003-2019 南京通享科技有限公司,保留所有权利。未经书面许可,严禁转载本站内容,违者追究法律责任。 互联网经营ICP证:苏B2-20120186
网站备案:苏ICP备05000269号-1中国工业和信息化部网站备案查询
广播台