By  on November 17, 2011

NEW YORK — Edward Lampert’s grand experiment in retailing keeps getting more wobbly.

Sears Holdings Corp. on Thursday turned in another dismal quarter, fueling speculation about the long-term viability of the company as it exists today. The group that owns Sears, Roebuck & Co. and Kmart saw losses increase as a result of declines in Sears Canada, consumer electronics and Kmart apparel, as well as charges for pension expense. Net losses for the quarter ended Oct. 29 were $421 million, or $3.95 a diluted share, compared with $218 million, or $1.98 a diluted share, in 2010.

 

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