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Sears Cutting 400 HQ Jobs

Sears said it will eliminate about 400 corporate positions as part of a $1.25 billion cost-cutting program. The headcount reduction mostly affects full-time employees...


Sears’ Q1 Sales Tumble 20%

Sears Holdings said fiscal first-quarter revenue fell 20 percent in a vicious cycle of store closings and sales declines. The closings, which number 347...


Sears Starts Restructuring

Sears Holdings today announced a series of cost-cutting measures that it said will save the company at least $1 billion a year. The initiatives...


Sears Promotes Jason Hollar To CFO

Sears Holdings has promoted a senior finance exec, Jason Hollar, to chief financial officer. He succeeds Robert Schriesheim, whose pending departure was announced last...

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