This just caught my eye:

Sears Holdings Corp. plans to close between 100 and 120 Sears and Kmart stores after poor sales during the holidays, the most crucial time of year for retailers.

The closings are the latest and most visible in a long series of moves to try to fix a retailer that has struggled with falling sales and shabby stores.

In an internal memo Tuesday to employees, CEO and President Lou D’Ambrosio said that the retailer had not “generated the results we were seeking during the holiday.”

Pretty much everyone knows that Sears has been a dying store, but that hasn’t stopped Ohio Governor John Kasich from offering the once retail giant $400 million in incentives to move their operations from Chicago to Ohio. Even more troubling is that Kasich is willing to put such a big bet on a failing company, yet he wouldn’t bet $20 million on a company that is already in Ohio and doing well – Chiquita.

Sounds like someone isn’t doing their homework, or even checking the news. John Kasich is wanting to make very costly bets in our state and they don’t appear that they will pay off. That makes me wonder what else could be driving his motivations behind this.