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Sears Holdings Corp. Posts Q1 Loss of $170 Million

Kmart, which had been doing better than the Sears nameplate, saw a same-store sales decrease due to declines in food, consumables and pharmacy sales.

By Vicki M. Young

financial/news

Sears Holdings Corp. on Thursday reported a first-quarter loss consistent with the company’s warning earlier this month that it would post a bigger-than-expected loss for the three-month period.

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Latest Articles from Business

Sears Holdings Corp. Posts Q1 Loss of $170 Million

Kmart, which had been doing better than the Sears nameplate, saw a same-store sales decrease due to declines in food, consumables and pharmacy sales.

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