Sears revenues decline but narrows loss in Q4

Revenues at Sears Holdings decreased about 2.5 billion dollars to 8.1 billion dollars for the quarter ended January 31, 2015, as compared to revenues of 10.6 billion dollars for the quarter ended February 1, 2014. Revenues decreased approximately 5 billion dollars to 31.2 billion dollars for the year ended January 31, 2015, as compared to revenues of 36.2 billion dollars in the prior year. The company has attributed the fourth quarter and full year loss in revenues to Sears Canada, which was de-consolidated in October 2014, the separation of the Lands' End business, which was completed in the first quarter of 2014 and less revenue contribution from fewer Kmart and Sears full-line stores.