More on Sears Holdings (SHLD) Q4: Domestic same-store sales declined 1.6% with a 0.8% increase...

|About: Sears Holdings Corporation (SHLD)|By:, SA News Editor

More on Sears Holdings (SHLD) Q4: Domestic same-store sales declined 1.6% with a 0.8% increase at Sears being offset by a 3.7% drop at Kmart. Gross margin rate improved 90 bps Y/Y as the company broadly reduced costs and inventory. Sears says it will churn up an additional $500M in additional liquidity over the next year through the monetization of assets. (PR)