TrafficCourt

Critical Christmas for Sears

RSS
While most analysts predict Sears will make it through the holiday season, questions are emerging about how the company will manage next year.

Sears generates 30 percent of its annual revenue in November, December and January, according to its annual report.

With most economists saying the U.S. is in a recession and predicting it won't get any better until at least next spring, this holiday is a make-or-break season for Sears, said credit analyst Sean Egan.

"If they're going to make any money, they're going to make it over the next 40 days," said Egan, managing director at Egan-Jones Ratings Co., an independent credit rating agency.

"It's like crossing the desert. They need to have a lot of water stored up to cross the desert.

Link.

Please or Register to post comments.

What's TrafficCourt?

Industry news, views and occasional strange stuff.

Contributors

Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
Blog Archive
National Real Estate Investor Related Sites

Sponsored Introduction Continue on to (or wait seconds) ×