TITLE

Sears Gets Downgraded

AUTHOR(S)
Hogsett, Don
PUB. DATE
April 2005
SOURCE
Home Textiles Today;4/4/2005, Vol. 26 Issue 30, p45
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that three major debt rating agencies have downgraded the credit rating of Sears Holdings Corp. Increase in business risk for the combined company Kmart Holdings Corp. and Sears Holdings Corp.; Conviction of the management that cross-selling opportunities can enhance future sales for both companies; Ability of the companies to achieve cost-saving synergies than incremental sales.
ACCESSION #
16694376

 

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