Sears Gets Downgraded

Hogsett, Don
April 2005
Home Textiles Today;4/4/2005, Vol. 26 Issue 30, p45
Trade Publication
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.


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