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Sears may be in the red, but the retailer’s delivery and installation arm, which provides services to rival chains like Costco, is raking in...
Kenmore has left the kitchen. Sears’ venerable appliance badge is now appearing on a two-line series of aggressively priced HD and 4K Ultra HD...
Even though electronics/appliance retailing is an industry where change is rapid, there are always some that won’t believe it and say something like, “There...
Ongoing structural and strategic challenges at Sears are taking a greater toll on the retailer’s core appliance business.
Sears Holdings will “explore alternatives” for its home services unit and private-label Kenmore, Craftsman and DieHard brands amid steepening first-quarter losses and the departure...
Back-of-the-napkin estimates suggest that Sears Holdings will shutter as many as 90 more Kmart stores this summer, which would represent 10 percent of the...
Sears will formally open a freestanding appliance specialty store on May 19. The pilot showroom, located in Ft. Collins, Colo., is 10,000 square feet...
While closing 68 Kmart, 10 Sears stores Sears Holdings has introduced the first wave of what will be a wider assortment of connected-home products...
I was on a road trip last week, crossing off a bucket list item with three friends visiting the Augusta National Golf Club during...
Sears’ major appliance suppliers are standing fast with the ailing chain, chairman/CEO Eddie Lampert said, even as its losses continue to mount. In a...
Sears said it is considering additional store closures, layoffs, loans and asset sales to help stem mounting losses. This morning the company pre-announced an...
Sears Holdings is conducting another round of store closings, affecting an undisclosed number of Sears and Kmart locations around the country. All the retailer...
With free online shipping becoming one of the holiday season’s keenest sales propositions, Sears has taken added steps to stay competitive. First, its newly...
Updated! Sears Holdings narrowed its third-quarter net loss to $454 million, from last year’s $548 million, amid a continuing sales slide. Revenues fell 20...
Cross it off the list: Sears has released its Thanksgiving and Black Friday ad. The chain, which had already shared the news it would...
Kitchen suites from Sears’ private-label Kenmore brand, and a smattering of Samsung kitchen products and laundry pairs, will represent the category in a forthcoming...
In what may be a compromise between opposing Thanksgiving Day camps (to open or not to open?), Sears said it will once again delay...
August expanded its selection of smart home-access products, added its first Apple Home-Kit-enabled product, and launched August Access service, which lets service personnel enter...
Sears Holdings has acquired the technology behind WallyHome, a smart device that senses changes in moisture, temperature and humidity, and can alert homeowners to...
Sears Holdings has scored something of a coup by bringing over former Amazon.com logistics head Girish Lakshman as fulfillment president. The newly created position...
Updated!Sears Holdings has named Tom Park president of its Kenmore, Craftsman and DieHard brands business unit. But his background, as former VP/general manager of...
Former Sears, Macy’s and Pep Boys exec Mike McCarthy was named merchandising and inventory VP at Sears Hometown and Outlet Stores. In his new...
A U.S. district court has given Weber the green light to sue Sears over certain Kenmore Elite gas grills that bore a strong resemblance...
Sears Hometown and Outlet Stores (SHO), the nation’s fifth-largest appliance chain, said a slew of circumstances including store closings, inventory constraints and a cap...
Promotions have always played an important role in retailing strategy. Whether to clear the shelves of last year’s models (or slow-moving inventory in general)...
Sears’ venerable appliance business took another hit this season, while the retailer continued to distance itself from CE. Parent company Sears Holdings said comps...
Hoffman Estates, Ill. – Sears Holdings’ same-store sales continued to decline during its fiscal second quarter, as chairman, CEO and chief investor Eddie Lampert...
New York – Long-time CE-industry and retail executive Ron Boire has been appointed CEO of Barnes & Noble’s retail and Nook businesses effective Sept....
Hoffman Estates, Ill. – Sears Holdings reported a $303 million loss for its fiscal first quarter ended May 2, compared to a year-ago loss...
Washington – The Consumer Product Safety Commission (CPSC) has ordered the recall of two series of Electrolux-made Kenmore Elite ranges, citing fire, burn, and laceration hazards....
Hoffman Estates, Ill. – Sears Holdings is forming a real estate investment trust (REIT) that will buy about 250 Sears and Kmart stores and...
Hoffman Estates, Ill. — As part of its drive to restore profitability, Sears Holdings has targeted its CE business for a major overhaul. In...
Hoffman Estates, Ill. — Lower costs, higher gross margin rates, and changes to its CE and other business models helped Sears Holdings trim its...
Sears chairman/CEO Edward Lampert brought investors up to speed on the company’s progress and strategies this morning in one of his intermittent and revealing...
Hoffman Estates, Ill. – Sears Holdings has trimmed 100 positions at its headquarters complex here and 15 posts at other corporate support locations. The...
Hoffman Estates, Ill. — Sears Holdings has begun rolling out Connected Solutions shops to 200 Sears and 300 Kmart stores around the country, and...
Hoffman Estates, Ill. — Imran Jooma, president of online, marketing, pricing and financial services at Sears Holdings, has given notice. The corporate executive VP...
Hoffman Estates, Ill. — In one of his periodic essays, Sears chairman/CEO Eddie Lampert explained his rationale for shutting over 200 stores this year....
Hoffman Estates, Ill. — The red ink continues to flow at Sears Holdings. The troubled chain reported a $548 million loss for its fiscal...
Several years back, buying group exec Richard Glikes urged his member dealers, installers and integrators to wean themselves off the TV teat. Now understand,...
Updated! Hoffman Estates, Ill. — The days of TV-centric showrooms are apparently numbered at Sears and Kmart. The retailer said it is in the...
Hoffman Estates, Ill. — Flying in the face of a fledgling closed-for-Thanksgiving retail movement, Kmart said it will remain open for 42 consecutive hours,...