Ryan's District Boards

RD Today => All the News => Business News => Topic started by: riky on May 29, 2008, 11:42:14 PM

Title: Sears Holdings swings to 1Q loss on slumping sales (AP)
Post by: riky on May 29, 2008, 11:42:14 PM
Sears Holdings swings to 1Q loss on slumping sales
    (AP)

 



<p><img src="http://d.yimg.com/us.yimg.com/p/ap/20080529/capt.9d507a296aa14cf189817fb9fa3ca24d.earns_sears_vttt202.jpg?x=95&y=130&q=85&sig=mBXOIoEwGss61VUdwLibWA--" align="left" height="130" width="95" alt="Hand tools are on display at the Sears store in Berlin, Vt., Tuesday, May 27, 2008. Retailer Sears Holdings Corp. posted its second quarterly loss since Kmart acquired Sears stores in 2005, saying Thursday that it lost $56 million in the first quarter and fell far short of Wall Street forecasts. (AP Photo/Toby Talbot)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20080529/ap_on_bi_ge/earns_sears_holdings)AP - Battered retailer Sears Holdings Corp. posted its largest quarterly loss Thursday since Sears and Kmart combined, providing surprising results far below Wall Street forecasts and issuing a dour sales forecast for the remainder of the year.</p><br clear="all"/>


http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20080529/ap_on_bi_ge/earns_sears_holdings