Sears (SHLD -2.6%) offered up the usual litany of excuses - including that old retail standby:...

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

Sears (SHLD -2.6%) offered up the usual litany of excuses - including that old retail standby: bad weather - for its dismal Q1 that saw a big loss, falling revenue and rising inventories. But its troubles run much deeper, as S&P Equity describes in its Sell rating: "We are doubtful that SHLD’s apparel sales will improve with warmer weather and also remain concerned by weakness in Kmart’s core staples business."