Retail News

Sears Holdings continues to tank

St.Louis Post-Dispatch 03/09/2017

Same-store sales for Sears were down 12.3 percent during the chain’s fiscal fourth quarter while Kmart experienced a decline of eight percent. Sears Holdings, the parent company of the two chains, reported a loss of $5.67 per share during the quarter. The company’s stock price has fallen 58 percent over the last year.

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