The Bottom Line
Sears Holding Corp. reported a sharper-than-expected 99 percent plunge in profits today, to $2 million, or 1 cent a share.
Sears Holding Corp. reported a sharper-than-expected 99 percent plunge in profits today, to $2 million, or 1 cent a share. Analysts forecast a 53-cent-a-share profit. The nation’s largest department store company by sales, Sears Holding owns Sears and Kmart stores. Earlier this week, Sears bid $269 million for retro home provisioner Restoration Hardware. (Bloomberg)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
MOST POPULAR ON THE WEEK
- How the South's ugly racial history is haunting ObamaCare
- Stop making fun of philosophy and read some philosophy
- If Democrats abandon immigration reform after Tuesday's likely loss, they will turn 2016 into a debacle
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- 43 TV shows to watch in 2014
- Beware of Splenda: The backlash against artificial sugars
- Feast your eyes on this beautiful linguistic family tree
- What if Leo Strauss was right?
- The real story behind Deliver Us From Evil
- 6 things the happiest families all have in common
Subscribe to the Week