
customers as the purse strings are pulled tighter. Unfortunately, unlike the likes of Macy’s (NYSE: M ), Sears (NASDAQ: SHLD ) and Target (NYSE: TGT ), Big Lots doesn’t have the “affordable glamor” factor that can pull people
Industry analysts see the move by Sears Holdings ( SHLD ) to reduce its stake in Sears Canada to 51% as clearing the path for a host ..... retailers to jump in to take advantage of the void as Sears Canada trims its operations. Both Nordstrom
closing poor-performing stores. Also of interest to us was a rebound in Canada, as some other retailers like Sears Holdings SHLD have recently experienced same-store sales declines there.
Timing is a major consideration for the proposed spinoff of Sears Canada by Sears Holdings ( SHLD ) because the distribution of shares will be a taxable event even though no cash passes hands. At issue, a current dividend tax
Sears Holdings SHLD released its full first-quarter 2012 ..... negative 1% same-store sales decline in Sears Domestics stores, we still think the ..... conjunction with the quarterly press release, Sears Holdings also announced that it would seek to
May 17 (Reuters) - Sears Holdings Corp said on Thursday it plans to spin off a large chunk of its stake in its struggling Canadian unit, which Chairman Edward Lampert had spent years trying to gain...
Shares of Sears Holdings ( SHLD ) take off, up 8.2% premarket, after ..... company announces a partial spinoff of Sears Canada and shows improvement with its ..... starts to tip toward the thesis that the Sears descendancy will be a slow incremental
(Reuters) - Sears Holdings Corp said on Thursday it plans to spin off a large part of its stake in its Canada unit, which Chairman Edward Lampert spent years trying to gain control of, to better focus on its U.S. business.
More on Sears Holdings ( SHLD ): Announces a partial spinoff of its interest in Sears Canada which it expects to occur during ..... of the shares on a pro-rata basis, Sears will retain close to a 51% interest
More on Sears Holdings ' ( SHLD ) Q1: Domestic comparable-store sales fell 1.3%, including a 1% decline at Sears and 1.6% dropoff at Kmart. Apparel and footwear categories at Sears Domestic saw double-digit sales increases