Tuesday, July 10, 2007

Sears sees quarterly profit decline; shares down

(Reuters) - Sears said sales at Kmart stores open at least one year fell 3.9 percent in the first nine weeks of its 13-week second quarter, with declines across most categories at the discount chain.




Same-store sales fell 4 percent at U.S. Sears stores, with declines across most categories, although demand for women's apparel and footwear improved.


Read more at Reuters.com Market News

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