Financial struggles continue at Sears Holdings

December 14, 2015 by MMR chief financial officer Rob Schriesheim, Eddie Lampert, Sears Holdings Corp. 2015, Issue 12-14-2015, Issues

HOFFMAN ESTATES, Ill. – Sears Holdings Corp. reported a narrower quarterly loss this month on fewer onetime expenses, but sales sank 20%, depressed by store closings and soft clothing and consumer electronics volume. The company posted a net loss of $454 million for its third quarter ended October 31, down from $548 million a year