Craftsman

Financials
Deep Q1 Loss Accelerates Sears Store Closings

Sears Holdings Corp. posted a deeper net loss in a challenging first quarter and said it would close more stores. In addition, the company developed another deal with Amazon. 

Retail
With Sales Sliding, Sears Asserts Survival Plan

Sears Holdings Corp. has undertaken a restructuring program targeted to deliver at least $1 billion in annualized cost savings in 2017, which includes cost reductions from the previously announced closure of 108 Kmart and 42 Sears stores.

Featured News
Sears Slides In Q2

The losses continue to mount for Sears Holdings in the second quarter. The retailer also received additional financing through a loan from the investment firm controlled by its chairman.