Feb 26 (Reuters) - Weak sales and tight cash levels at Sears Holdings Corp have added urgency to Chief Executive Eddie Lampert's plan to generate cash by spinning off stores into a trust.
Feb 26 (Reuters) - Sears Holdings Corp on Thursday reported a smaller loss for the holiday quarter, mainly due to cost-cutting, but sales continued to decline and cash levels dropped, and the retailer's shares fell more than 7 percent.
Feb 26 (Reuters) - Sears Holdings Corp, owner of Sears department stores and the Kmart discount chain, reported its 11th straight quarterly loss as sales continued to tumble.
opportunities to expand the business. The first is from growth in product lines with weak market-share leaders. For example, Sears has historically been a strong presence in appliances, but as the brand deteriorated, home-improvement retailers capitalized
BbTBruce Continues to ignore the crowd!op FAIRfXHoldings (7) % FAIRX AIG 49.1% Bank of America 22.3% Sears Holdings 7.1% St. Joe 6.5% Fannie Mae 4.5% Leucadia National 3.6% Freddie Mac 3.5% Cash and Equivalents: 1.3 %
served — I would say that yes, we probably are.... I think that one of the other stores that was really on the ropes is Sears . They’re probably breathing a great sigh of relief that Target is exiting the market, because I don’t think there
Jan 28 (Reuters) - Struggling retailer Sears Holdings said on Wednesday it has cut 115 jobs, including 100 at its headquarters near Chicago, to reduce costs.
Jan 28 (Reuters) - Sears Holdings has cut 115 jobs, including 100 at its headquarters near Chicago, as the struggling retailer looks to rein in costs, the Chicago Tribune reported on Wednesday.
the strength in North America and China. We call out the 8% growth in North American licensed retail sales, which includes Sears and Target optical; this is a segment that is more price sensitive and has lagged other reporting segments in top-line growth
customer service. The first wave of migration happened in 2013 when several high-profile employers including AT&T, Walgreen, Sears , IBM, Time Warner, and Verizon announced the intention to move their retired employees to retiree health exchanges starting