Financial and Business Highlights: •Gross revenue was $274.5 million, an increase of 4% compared to $264.4 million in the first quarter of 2017. •Gross profit (net revenue) was $66.1 million, or 24.1% of gross revenue in the first quarter of 2018, a 2% increase compared to $64.7 million, or 24.5% of revenue, in the same period of last year. •Net loss for the first quarter of 2018 was $(1.7) million, or $(0.03) per diluted share, compared to net income of $5.7 million, or $0.10 per diluted share in the first quarter of 2017. Click Read More below for additional information.
A struggling department store retailer is once again offering its holiday Wish Book catalog in a digital format — but that’s it.
Sears Holdings Corp. will not publish a printed version of its iconic catalog this holiday season, one year after bringing it back into circulation for some members of its loyalty program, according to The Chicago Tribune.
The digital Wish Book will be online in early November. Kmart, also owned by Sears, will also have a toy catalog this year. It will be released on Sunday, Oct. 21, the report revealed.