Dec 8 Retailer Sears Holdings Corp
reported a 12.5 percent drop in revenue, marking its 20th
straight quarterly decline, due to lower sales at its Kmart and
Sears outlets as well as fewer stores in operation.
Total revenue fell to $5.03 billion in the third quarter
ended Oct. 29 from $5.75 billion a year earlier.
Sales at stores open at least a year fell 7.4 percent.
Net loss attributable to Sears' shareholders widened to $748
million, or $6.99 per share, from $454 million, or $4.26 per
share, a year earlier.
(Reporting by Sruthi Ramakrishnan and Siddharth Cavale in