Thursday, February 23, 2012

Sears Earnings 4Q 2011: CEO Says $2.4 Billion Loss Is 'Unacceptable'

http://www.huffingtonpost.com/2012/02/23/sears-earnings-4q-2011_n_1296451.html

Sears reported a $2.4 billion quarterly loss and said it will spin off about 1,250 stores, cut jobs and reduce inventory to shore up its operations.
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