Sears Holdings Corp (SHLD) reported that comparable store sales during the holiday season at its Kmart and Sears chains continued the broader companyâ€™s decline. But, it may be that those poor holiday figures were really just the start of something much worse for these two former icons of American retail. Thatâ€™s because those same store sales are down significantly more since the start of 2014. Kmart sales have tumbled 5.7 percent to begin the year, while Sears post-holiday sales started the year off even worse, down 9.2 percent. Searsâ€™ share price reflected this bad news, closing down 14.3 percent (at $36.50) in after hours trading. If youâ€™re still holding onto shares of the company, you may want to consider selling before things get even uglier.
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