Hoffman Estates-based Sears Holdings Corp. reported a hefty loss in the fourth-quarter on a 14 percent sales drop, as the beleaguered retailer continues to struggle to bring shoppers into its stores. But shares rose 5 percent in midday trading as the operator of Kmart and Sears stores narrowed its loss versus a year ago. It is also seeing rare sales growth this month.
updated: 2/27/2014 2:44 PM
Sears 4Q loss narrows as it lowers expenses
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