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    1. Big Lots Has Small Quarter

      Headlines

      Wed, 23 May 2012

      to attract 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

    2. 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 of U.S. retailers to jump in to take advantage of the void as Sears ...

      Headlines

      Wed, 23 May 2012

      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

    3. Positive Comps for Collective Brands; Stock Trading Close to Fair Value Due to Buyout Offer

      Commentary

      Wed, 23 May 2012

      store sales and lower expenses flowed through from 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.

    4. UPDATE 1- Sears Canada appoints new board member

      Headlines

      Tue, 22 May 2012

      May 22 (Reuters) - Retailer Sears Canada Inc said Don Ross has been appointed to its board of directors.

    5. 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 ...

      Headlines

      Fri, 18 May 2012

      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 rate of 15% that

    6. Sears Core Profitability Improves, but Still Needs Improvement; Sale of Canadian Stake Announced

      Commentary

      Thu, 17 May 2012

      Sears Holdings SHLD released its full first-quarter ..... negative 1% same-store sales decline in Sears Domestics stores, we still think the release ..... last year. We continue to believe that Sears ' operating strategies hold promise, such

    7. UPDATE 4- Sears to spin off big chunk of Canada unit

      Headlines

      Thu, 17 May 2012

      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...

    8. Shares of Sears Holdings (SHLD) take off, up 8.2% premarket, after the company announces a partial spinoff of Sears Canada and shows improvement with its Q1 report. Trading sentiment starts to tip ...

      Headlines

      Thu, 17 May 2012

      Shares of Sears Holdings ( SHLD ) take off, up 8.2 ..... company announces a partial spinoff of Sears Canada and shows improvement with its Q1 ..... starts to tip toward the thesis that the Sears descendancy will be a slow incremental

    9. Sears plans to spin off big piece of Canada stake

      Headlines

      Thu, 17 May 2012

      (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.

    10. More on Sears Holdings (SHLD): Announces a partial spinoff of its interest in Sears Canada which it expects to occur during calendar year 2012. After distributing a portion of the shares on a ...

      Headlines

      Thu, 17 May 2012

      More on Sears Holdings ( SHLD ): Announces a partial spinoff of its interest in Sears Canada which it expects to occur during calendar ..... a portion of the shares on a pro-rata basis, Sears will retain close to a 51% interest in Sears Canada

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