Sears Canada same-store sales rise for first time in 2 years

Sears Canada

03/12/2015 12:13

Dec 3 (Reuters) - Canadian department store operator Sears 
Canada Inc  SCC.TO   SRSC.O  said its same-store sales rose 0.4 
percent in the third quarter - the first rise in two years - 
helped by higher sales of major appliances, furniture and 
mattresses. 
    The company, whose largest shareholder is Sears Holdings 
Corp  SHLD.O  Chief Executive Eddie Lampert and his hedge fund, 
said its net loss narrowed to C$53.2 million ($39.9 million), or 
52 Canadian cents per share, in the quarter ended Oct. 31 from 
C$118.7 million, or C$1.16 per share, a year earlier. 
 urn:newsml:reuters.com:*:nCNWqvm4Ra 
 ($1 = C$1.33) 
 
 (Reporting by Anet Josline Pinto and Darshana Sankararaman in 
Bengaluru; Editing by Kirti Pandey) 
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8780, outside U.S. +91 99 1694 7070; Reuters Messaging: 
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Keywords: SEARS CANADA RESULTS/