(Reuters) - "Although the company has made a strong effort to
implement programs to enhance merchandising, marketing,
in-stock positions, and labor productivity, this apparently has
not resonated with its customers," S&P said in a statement.
In the past, strong liquidity has been a key factor
supporting Sears' rating, S&P added. "We now anticipate that
the expanded share repurchase activity could diminish this
liquidity," the rating agency said.
Read more at Reuters.com Bonds News
implement programs to enhance merchandising, marketing,
in-stock positions, and labor productivity, this apparently has
not resonated with its customers," S&P said in a statement.
In the past, strong liquidity has been a key factor
supporting Sears' rating, S&P added. "We now anticipate that
the expanded share repurchase activity could diminish this
liquidity," the rating agency said.
Read more at Reuters.com Bonds News
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