Chief Executive Officer Edward Lampert told Reuters that Sears sees room to close more stores next year. He said "We need to make the difficult choice in some cases when the stores are unprofitable". ... more 
Chief Executive Officer Edward Lampert told Reuters that Sears sees room to close more stores next year. He said "We need to make the difficult choice in some cases when the stores are unprofitable". The comments helped the stock climb 2.7 percent, reversing earlier declines. Lampert said the company did not have much debt maturing until 2016, and he will watch the capital markets closely and be "opportunitistic" about refinancing any debt next year. less 
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Thu, Nov 21, 2013 1:00 PM EST