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Detailed text transcripts for TV channel - MSNBC - 20111227:14:27:00

was a good day for retailer, hopped up optimism for the whole holiday san, unfortunately there is one big name thought that is not participating and that is sears holdings, the parent company of sears, of course, but also kmart. they said that holiday sales were just terrible, falling more than 5% year-over-year and they are going to have to close 100 to 120 sears and/or kmart stores which means layoffs. chris, as far as the overall holiday sales numbers go, we are not sure, expectation those with gain 2%. not a lot of cheer at sears. thanks for the report. $10 million has been spent on advertising in iowa alone for the republican bus what s it buying them? plus, we are looking at one of the great grassroots camp pains. how a race for california governor became one of the

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