Plano, TX—Saying that “companies must streamline in order to leap forward,” Ron Johnson, JCPenney’s ceo, said Thursday … [Read more...]
Sears Holdings
Sears to Sell Off Land’s End?
Dodgeville, WI—Does Edward Lampert, chairman at Sears Holdings Inc., plan to sell off Land’s End as part of the company’s … [Read more...]
March 30, 2012 -
Sears to Raise $1 Billion by Selling Divisions, Stores
Hoffman Estates, IL—In the wake of its fourth quarter loss of more than $2.4 billion, Sears Holdings said today it hopes to … [Read more...]
February 23, 2012 -
Lender Stops Loans to Sears Vendors Again?
New York—Once again, CIT Group Inc., one of the biggest factoring services, reportedly has decided to stop extending credit … [Read more...]
January 31, 2012 -
Despite Difficulties at Retail, Sears Stock Soars
Hoffman Estates, IL—Sears Holdings announced Wednesday that its 2012 annual stockholders meeting would be held on May 2, a date … [Read more...]
January 26, 2012 -
Sears Holdings to Go Private?
Hoffman Estates, IL—Shares of Sears Holding rose more than 9% today in early trading as speculation continues that Edward … [Read more...]
January 18, 2012 -
Sears Holdings Downplays Cut in Supplier Loans
Hoffman Estates,IL—Sears Holdings moved to do some damage control surrounding a report that CIT Group, one of the biggest … [Read more...]
January 13, 2012 -
Sears Appoints New Merchandise Chief for its Sears, Kmart Stores
Hoffman Estates,IL—Sears Holdings announced today that Ron Boire will become executive vice president, chief merchandising … [Read more...]
January 3, 2012 -
Sears, Kmart to Close 100-120 Stores
Hoffman Estates, IL—Plagued by continued difficulties in returning its stores to profitability, Sears Holdings said today that … [Read more...]
December 27, 2011 -
Sears Holdings Q3 Loss Doubles, Sales Off in U.S.,Canada
Hoffmann Estates, IL—Sears Holdings posted today a third quarter loss nearly doubled from last year as sales declines at its … [Read more...]
November 17, 2011 -
Sears Q2 Loss Widens on Weak Sales, Promotions
Hoffmann Estates, IL--Sears Holdings reported today that second quarter loss widened larger than expected as weak sales and … [Read more...]
August 18, 2011 -
Amazon Gains Significant Ground in 2011 top 100 Retailer Report
Washington–The view from the top hasn’t changed much. The same retailers appear in the 2011 Top 100 Retailers compiled by … [Read more...]
July 1, 2011 -
