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Tax Reform Boosts Sears to a Positive Quarter

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

In a nutshell: Though Sears Holdings was one of few retail groups that failed to benefit from the uptick in holiday spending, the company turned a profit in the fourth quarter thanks in large part to tax reform. Sears Holdings, which operates the Sears and Kmart chains, is continuing to look for ways to streamline operations…

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