Closing Glance: Broadline retailers' shares decline

The operator of Kmart and Sears stores said late Friday only $1.6 million in letters of credit were outstanding under that agreement, but shares fell sharply.

Here's how shares of major broadline retailers fared Monday:

Target Corp., down 5 cents to $54.55.

Costco Wholesales Corp., down 32 cents at $69.11.

Sears Holdings Corp., down $7.24, or 6.9 percent, to $97.48.

Saks Inc., down 1 cent to $12.72.