Financials

Financials
Sears Loss Doubles In Q2

Although the company touted an improvement in comparable store sales trends, Sears Holdings continued to post comp declines in the second quarter despite substantial under-performing store closures, even as company losses increased substantially.

Financials
Loss In Q2 Drives Hudson’s Bay To Action

As Hudson’s Bay released its second quarter results including a company-wide 0.4% decrease in comparable sales and a larger loss, the department store retailer said it is forming a strategic partnership for its European business. 

Financials
Kirkland’s Q2 Same-Store Sales Drop

Softer store traffic had a negative impact on Kirkland’s second quarter results. While overall sales were up slightly, the home product specialty retailer reported a drop in comparable store sales for the three month period ended August 4.

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