Around the Net
Sears' Losses Slow
- Chicago Tribune, Friday, February 28, 2014 8:02 AM
Sears Holdings Corp. said it lost $1.36 billion last year as sales fell and stores closed in the company's transformation to a membership-based, online
retailer. The company said $1.1 billion of the revenue decline came from having fewer Sears and Kmart stores in operation. It attributed another $ 1 billion to lower sales in stores open at
least a year.
