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Sears posts large loss of $574M in 2Q; Gross revenues and margins deep decline

A shopper leaves a Sears store in the Loop in Chicago, Illinois. Sears Holdings posted a $573 million quarterly loss amid declining revenue and margins.
A shopper leaves a Sears store in the Loop in Chicago, Illinois. Sears Holdings posted a $573 million quarterly loss amid declining revenue and margins.
Photo by Scott Olson/Getty Images
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