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So far this year Sears Holdings — owner of various Sears brands, Roebuck and Co. as well as Kmart Corporation — has closed 80 stores and spun off Lands’ End through a pro rata distribution to shareholders. What’s next for the struggling retailer? The company seems to be leaving all options on the table as its billionaire CEO touts a sea change. Sears Holdings reported $7.9 billion in first quarter revenue down $573 million from the same period a year ago.

“Sears CEO Cries ‘Transformation’ While Sales Skid, Loss Steepens” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

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