Gap Earnings Climb, Sears Posts Smaller Q3 Loss
Posted on November 15, 2012 at 17:59 PM EST
Assorted bright-colored casual clothing lifted Gap (GPS), while big-box discounter Sears Holdings (SHLD) posted a smaller-than-expected loss on new promotional offerings and better inventory management. "We're very pleased with our strong third-quarter financial performance, highlighted by how well customers have responded to our product," Gap CEO Glenn Murphy said in a statement. "We are ready to compete and win this holiday season as we drive to