(Reuters) - Sears Holdings Corp posted a bigger loss for the first quarter as the struggling retailer failed to arrest the fall in sales despite offering heavy discounts to woo shoppers.
The Eddie Lampert-controlled company's loss attributable to shareholders widened to $402 million, or $3.79 per share, in the quarter ended May 3 from $279 million, or $2.63 per share, a year earlier.
The company, which operates Sears department stores and the Kmart discount chain, said revenue fell 6.8 percent to $7.88 billion.
Sears Canada Inc
(Reporting by Maria Ajit Thomas in Bangalore; Editing by Kirti Pandey)
