HOFFMAN ESTATES, Ill. (AP) — Sears’ second-quarter losswidened as the number of stores in
operation declined and the retailerspun off its Hometown and Outlet brand.For the period ended Aug.3, Sears
Holdings Corp. lost $194 million, or $1.83 per share. Thatcompares with a loss of $132 million, or $1.25 per
share, a yearearlier.Excluding one-time charges, it lost $1.46 per share.Revenuefor the company, based in
for the Hoffman Estates, Ill., declined 6percent to $8.87 billion from $9.47 billion, mostly due to
storeclosings.Revenue at Kmart stores open at least a year fell 2.1percent. The figure dropped 2.5 percent
for Sears stores in Canada openat least a year and dipped 0.8 percent for the Sears locations in
theU.S.Online sales, however, rose 20 percent.Copyright 2013 The Associated Press.HOFFMAN ESTATES, Ill. (AP)
— Sears’ second-quarter losswidened as the number of stores in operation declined and the retailerspun off
its Hometown and Outlet brand.For the period ended Aug.3, Sears Holdings Corp. lost $194 million, or $1.83
per share. Thatcompares with a loss of $132 million, or $1.25 per share, a yearearlier.Excluding one-time
charges, it lost $1.46 per share.Revenuefor the company, based in for the Hoffman Estates, Ill., declined
6percent to $8.87 billion from $9.47 billion, mostly due to storeclosings.Revenue at Kmart stores open at
least a year fell 2.1percent. The figure dropped 2.5 percent for Sears stores in Canada openat least a year
and dipped 0.8 percent for the Sears locations in theU.S.Online sales, however, rose 20 percent.Copyright
2013 The Associated Press.