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PHILADELPHIA (CNN) — Sears and Kmart are trying to get ahead of the holidays -- and jump-start weak business -- by putting everything on sale. Through Thanksgiving weekend, Sears will offer up ...
Sears and Kmart are trying to get ahead of the holidays -- and jump-start weak business -- by putting everything on sale. Through Thanksgiving weekend, Sears will offer up to 50% off everything ...
When I left Sears in 2003, I was quite pessimistic about the company's long-term prospects. Some initiatives we had put in place during a two-year strategic re-positioning effort were gaining ...
Helped by the sale of its Craftsman tool unit, Sears Holdings showed a profit during its first quarter but saw lower sales as it took financial steps to reach stability. Sears posted net income of ...
Sears' bankruptcy will likely not create the sales bonanza that many shoppers are seeking this holiday season. Early Monday morning, Sears filed for bankruptcy and announced plans to close 142 ...
HOFFMAN ESTATES, Ill. - Sears' (SHLD) third-quarter loss narrowed as the retailer reduced expenses and remained focused on its reward program customers. Its sales continued to soften though. For ...
As sales cratered over the last roughly 15 years, Sears has closed more than 3,500 stores and cut about 250,000 jobs, leading to the company's Chapter 11 bankruptcy filing in October.
The bleeding continues at Sears Holdings, which lost $748 million for the third quarter, it reported Thursday, compared to a loss of $454 million for the third quarter last year. Same store sales ...
The retailer, which has filed for bankruptcy protection, attributed a 4.3% rise in comparable sales to liquidations at stores that it is closing. Still, total revenue fell 23% and its loss widened.
Since 2011, Sears has shut down more than 2,000 stores, meaning loyalists have to search far and wide to find a well-stocked Sears store, where 90 percent of Craftsman products are currently sold.