Sears Canada reports revenue slump

Sears Canada reported that its fourth quarter revenue was down by 17.7 per cent from a year earlier to $972.5 million.

Sears Canada reports revenue slump
Sears Canada reported that its fourth quarter revenue was down by 17.7 per cent from a year earlier to $972.5 million. The weak performance was due to store closures, costs of improving stores and a 9.1 per cent decline in same-store sales.  

 

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