Sears posts hefty holiday quarter net loss

Posted online February 27, 2014 | 6:53 am

Sears Holdings Corp. on Thursday reported a deep loss and sales decline in a "tough-to-terrible" holiday quarter, according to Fox News.

Comparable sales decreased by 7.8 percent at its U.S. department stores, while its Kmart discount comparable sales dropped 5.1 percent.

It said U.S. comparable sales were positive so far in February at Sears and Kmart.

Read more Fox News.

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