Sears looks for acquisitions as cost cuts lift profit 83%

Article Abstract:

Sears Holdings Corp. of the United States posted stellar second quarter prift increases by 83 percent to $294 million from $161 million last year. Strong revenues were due to successful cost cutting measures. The department store giant is currently searching for acquisitions.

Management dynamics, Management, Company sales and earnings, Company earnings/profit, Company business management, Company overview, Sears Holdings Corp., SHLD

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JC Penney plans store closings after heavy losses

Article Abstract:

JC Penney Co. will close down some stores after posting disappointing earnings for the 1999 fourth-quarter. The company posted an 8 cents per share loss for period. Analysts predicted 47 cents per share in operating income.

J.C. Penney Corporation Inc., JCP

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Same-store sales at Sears edge up, reversing trend

Article Abstract:

Sears, Roebuck and Co. posted an increase of 0.2% in same-store sales in the month of August 2001. The company also posted an 0.5% rise in total sales for the four weeks ending September 1, 2001.

Sears, Roebuck and Co., S, Sales

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