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Tag: sales plummet


Retail Types, Stores

Sears moves to close more than 70 stores as sales plummet

May 31, 2018

Via: Retail Dive

Sears continues to far outpace its department store peers in store closures. So far, the moves still haven’t plugged the outflow of money from the company. Worse, the retailer’s sales base, seen in its comps, continues shrinking. Moody’s Vice President […]


Retail Types, Stores

Sears holiday sales plummet 16%

January 10, 2018

Via: Retail Dive

Sears, like a lot of distressed retailers, needed a good holiday season. It did not have one. The early figures for Q4 show a slide in comparable sales mirroring its third quarter, when comps fell a precipitous 15%, contributing to […]