Thursday, February 28, 2008

Sears, Kohl's see 4Q profits fall (AP)



Snowblowers are lined up in front of the Sears store in Berlin, Vt., in this Nov. 29, 2007 file photo. Department store chain Sears Holdings Corp. said its fourth-quarter profit tumbled 47 percent because of continued poor performance at its Kmart and U.S. Sears stores. (AP Photo/Toby Talbot, file)AP - More evidence of a consumer spending malaise surfaced Thursday as Sears Holdings Corp. and Kohl's Corp. reported double-digit profit drops in the fourth-quarter.




Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)