Sears Holdings' Sears stores dominated American retailing for years, but the company has recently faded. In this video, Austin Smith and Jeremy Phillips review the single fundamental reason why Sears lost its dominance and why Wal-Mart continues to grow, even after becoming a $250 billion company.
The Motley Fool's chief investment officer has selected his No. 1 stock for the next year. Find out which stock it is in the brand-new free report: "The Motley Fool's Top Stock for 2013." Just click here to access the report and find out the name of this under-the-radar company.