Sears circling the drain? No, says Wall St.


By -- USA Today—— Bio and Archives--August 24, 2017

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Sears Holdings said Thursday that it would close another 28 Kmart locations as it continues its cost-cutting campaign amid a precipitous decline in the department-store sector. The company also posted declining sales and profits, but the results outpaced analyst expectations and led to a surge in its stock price. -- More...
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