Sears sales decline improved in latest quarter; shares soar

Sears Holdings Corp., the struggling department store operator, said it key sales figure improved and its stock soared in after-hours trading Thursday. The company, which owns both Sears and Kmart, said sales fell 3.9 percent at established stores in its second quarter. Sears has been closing stores, cutting costings and selling brands as it burns through money and sees more customers abandon its often-neglected locations. …read more

Source:: Yahoo Finance

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