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SEARS’ CONTINUED SLUMP SPARKS DEPARTURE OF CHIEF FINANCIAL OFFICER

In Industry News, What's New by Lauren Parker, Accessories MagazineLeave a Comment

Illinois-based department store chain Sears Holdings has reported another decline in sales for Q1 2016. In a lengthy breakdown of the company’s financials, Sears Holdings also announced the departure of its CFO. Revenues decreased approximately $488 million to $5.4 billion for the quarter ended April 30, 2016, compared to revenues …