Thursday, May 31, 2018

Sears To Close 72 More Stores; Slips To Loss In Q1

Sears Holdings Corp. said Thursday that it plans to close 72 non-profitable stores, as the retailer continues to struggle with falling sales. The department store chain also reported a net loss for the first quarter. Sears said it has identified about 100 non-profitable stores. Of this, 72 stores will begin store closing sales "in the near future."

from RTT - Earnings https://ift.tt/2suO3Xd
via IFTTT

No comments:

Post a Comment