(Reuters) - Sales fell 2.5 percent to $11.7 billion. Sales at stores open at least a year fell 4.7 percent at Kmart and 2.4 percent at U.S. Sears stores.
"In part, our domestic operating results reflect the impact of some of the same challenges being faced by our customers, such as rising energy costs and a slower housing market," Aylwin Lewis, Sears' chief executive, said in a release. "However, as an organization, we need to overcome these factors by better controlling costs and developing innovative solutions that better meet our customers' needs."
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"In part, our domestic operating results reflect the impact of some of the same challenges being faced by our customers, such as rising energy costs and a slower housing market," Aylwin Lewis, Sears' chief executive, said in a release. "However, as an organization, we need to overcome these factors by better controlling costs and developing innovative solutions that better meet our customers' needs."
Read more at Reuters.com Business News
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