Sears comparable sales and revenues decline in Q3

Sears Holdings Corporation for its third quarter ended October 31, 2015 said that Kmart and Sears domestic comparable store sales declined 7.5 percent and 9.6 percent with more than half of the decline, the company said, coming from declines in apparel and consumer electronics, a lower margin category. However the company also witnessed fifth consecutive quarter of improved adjusted EBITDA.