sears holdings corp

Sears Holdings Corp. is bringing layaway back to its namesake stores next week, nearly two decades after it was scrapped, after seeing a strong response to the pay-as-you-go plan at its Kmart locations.

A look at how retailer Sears Holdings Corp. performed during the second quarter.

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.