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Old August 28th, 2008, 07:03 AM
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Sears&#039; 2Q profit drops 62 percent (AP)

AP - Sears Holdings Corp. said second-quarter profit fell 62 percent drop as the retailer continues to struggle to attract customers to its stores despite a high-stakes restructuring. The company also said that it expects that its sales and gross profit margins will continue to be pressured as it sees no near-term improvement in the economy.

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