The Numbers Don't Lie: Sears’ Financial Relief

Sears, led by CEO Eddie Lampert, received a $200 million credit line from ESL Investments, with potential expansion to $300 million. Despite this, Sears faces significant financial challenges, having accumulated $9 billion in losses over eight years. The company needs to raise $1.5 billion to survive 2017. Sears' decline is marked by a reduction in store count and a drop in same-store sales, with a 10% plunge at US locations. The merger with Kmart in 2005 failed to boost sales or stock value. Sears is considering selling its Craftsman, Kenmore, and DieHard brands to mitigate losses. The focus remains on securing funding rather than stock performance.

What was the trend in same store sales for Sears in the last quarter mentioned?

What brands might the company sell to stem its losses?