First came the decision to stock Skechers, a line of footwear teens favor. Then came the personalized avatar, the virtual identity Sears shoppers could accessorize online.

Retailer Sears Holdings Corp. swung to a $56 million first-quarter loss and fell far short of Wall Street forecasts, as its customers were forced to spend more of their money to cover the soaring costs of gas and food.

Sears Holding Corp. swung to a $56 million first-quarter loss, the retailer reported Thursday, as its customers were forced to spend more of their money to cover the soaring costs of gas and food.

Sears Holding says it swung to a loss in its first quarter as it increased promotions and markdowns to clear slow-moving merchandise.

Department store chain Sears Holdings Corp. said its fourth-quarter profit tumbled 47 percent because of continued poor performance at its Kmart and U.S. Sears stores.

Sears Holdings Corp., the department store retailer controlled by Chairman Edward Lampert, says fourth-quarter profit tumbled 48 percent, due to poor performance at its Kmart and U.S. Sears stores.

Sears Holdings Corp. will install safety brackets on its stoves in millions of households or offer gift cards in settling an Illinois class-action lawsuit over the appliances’ supposed propensity to topple.

Sears Holdings Corp. plans to reorganize into several companies in another bid to pull the ailing 121-year-old retailer out the doldrums, according to a report published Saturday.

Sears Holdings Corp. stumbled to its worst performance yet under Edward Lampert, earning just $2 million in a dismal third quarter that heightened questions about his strategy and Sears’ future as a retailer, prompting a huge selloff in its stock Thursday.

Department store retailer Sears Holdings Corp., led by hedge-fund manager Chairman Eddie Lampert, said Thursday its third-quarter profit plunged due to a $223 million drop in gross margin, reflecting both lower sales and inventory-clearing markdowns.