Check Out Line: Sears plans conservatively for 2008

[staff]

Check Out Line: Sears plans conservatively for 2008
      

Check out Sears Holdings Chairman Ed Lampert pledging in a letter to shareholders to take a more conservative approach to inventory in 2008 after last year’s aggressive posture backfired,Ã, wreckingÃ, the retailer’s earnings and profit margin.
“Unfortunately we did not forsee theÃ, severe economic turbulence ahead … 2007 was not a good year in which to operate with increased [...]
         

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