Sears Holdings swings to loss on 8.3% lower sales
Sears Holdings Corp., the Hoffmann Estates, Ill., parent of Sears and Kmart stores, swung to a third-quarter net loss from a year-earlier profit on 8.3% lower total sales and 9% lower domestic same-store sales.
Sears Canada Inc. said Wednesday that its quarterly profit fell 85 per cent as fragile consumer confidence hammered same-store sales.