Beverly Hills 1/8/2010 12:35:35 AM
News / Business

Kmart’s Heartbeat Beating Weakly, But Still Beating, Sears Sales Rejoice and Rise

Finance World News Update by EQUITIES Magazine

Parent company, Sears Holdings Corp., posted a slight increase in a key sales figure for December as Kmart, still in critical condition, continued to show signs of life.

Sears reported a 0.4 percent rise in sales at stores open at least a year for the period ended Jan 2, aided by a Kmart’s unexpected 5.3 percent surge in sales at stores open at least a year.

Sears stock was up $10.10, or 11.36 percent, to $98.97.

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