Merchants report Q3 woes

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That the third quarter was tough for multichannel merchants was again apparent Nov. 16 as another round of results were released. However, growth in Internet sales provided a bright spot for a couple of retailers. Sears Holdings Corp. reported revenues declined $300 million for a total of $11.9 billion for the 13 weeks ended Oct. 28, with revenues at Sears declining $100 million and revenues at Kmart dropping $200 million.

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