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Sears Canada Vows to Improve Shopping Experience
August 16,
2011 by in UnCategorized
By Aggregated Content in Financial Reports on August 17, 2011
from http://c.moreover.com/click/here.pl?z5085640023&z=1250249029
Consumers spent less at Sears Canada last quarter, prompting the department store chain to say Tuesday that it wants to re-energize and provide a better shopping experience across the country.
Sears Canada Inc. suffered a drop in revenue, lower same-store sales and a net loss of $2.7 million or three cents per share for the 13 weeks ended July 30, versus a profit of $20.5 million or 19 cents per share in the same 2010 quarter.
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