Content about Sears Holdings

April 15, 2014

Sears Holdings has tapped Arun Arora as SVP and president, Home Services, in which role he will take charge of the business unit's In-Home Repair Services, Service Contracts, Carry-In Repair, Sears Home Improvement Services, Parts Direct, Commercial Sales and Sears Franchise Businesses.

April 14, 2014

Even though they're separate entities, both Sears Holdings (SHLD) and Sears Hometown and Outlet Stores (SHOS) fell more than 5 percentage points on Friday.

April 8, 2014

Sears Holdings (SHLD) took a dip of 6.35% after breaking things off officially with its Lands' End business unit, which is now trading as a separate entity under the ticker symbol LE.

April 8, 2014

Sears Holdings has appointed William Hutchinson to the role of SVP and president, Supply Chain. He will succeed Raj Penkar, who is retiring on May 31, 2014 after leading the unit since 2011.

In his new role, Hutchinson will be responsible for all aspects of the supply chain, including distribution, transporation, customs compliance and global sourcing.

April 7, 2014

After announcing its plans last December to do away with yet another one of its assets, Sears Holdings officially completed its spinoff of the Lands' End unit on Friday. 

As according to plan, Lands' End began trading as a separate company Monday (stock ticker symbol LE), with about 32 million shares to its name. Those holding Sears shares as of March 24, 2014 received about .3 shares of common Lands' End stock per Sears share.

March 19, 2014

Wednesday's close saw the lion's share of HCN Top 30 stocks taking a dip into the red. Sears Holdings (SHLD) was a lonely victor, gaining 5.27%.

March 17, 2014

Tractor Supply Company has named Robert Mills SVP and CIO, succeeding James Callison upon his planned retirement. He will also serve on the company's Executive Committee.

March 3, 2014

Sears Holdings’ CEO Eddie Lampert strongly defended his company in his annual letter to shareholders, saying not only does he believe Sears is headed in the right direction, but that “the entire retail industry is headed to where we already are.”

The letter was released on Thursday, Feb. 27, the same day that the retailer posted its fourth quarter earnings report. Sears lost $1.36 billion last year as sales continued to fall and it closed stores as part of its plan to transform itself into a “member-centric” retailer.

February 28, 2014

Two Sears Hometown Stores opened in Colorado, Florida and Virginia and will be celebrating grand opening ceremonies this weekend.

In Florida, the new store is located in Ocoee at 8849 W. Colonial Drive. The new Virginia store is located at 6623 Richmond Road in Williamsburg. Both locations will be offering 10% discounts through the weekend, plus special grand opening giveaways.

The new Sears Hometown Store in Colorado is located in Longmont, at 700 Ken Pratt Blvd.

February 18, 2014

Though it had recovered some of its lost share value in recent days, Sears Holdings (SHLD) slipped back 4.56% on Friday.

February 12, 2014

Sears Holdings (SHLD) got a nice boost of 8.40% on Tuesday, with the majority of HCN stocks enjoying the upward tailwinds.

January 29, 2014

Sears Holdings (SHLD) led the pack Wednesday in share price decreases, continuing a recent trend of decline for the stock.

January 17, 2014

Stocks were a mixed bag on Thursday, with Sears Holdings (SHLD) making the most headway at a gain of 4.55%.

January 14, 2014

Stock Building Supply (STCK) took a dip of 6.05% on Monday, with Sears Holdings (SHLD) continuing its descent from Friday.

December 10, 2013

The proliferation of the Sears Appliance & Hardware brand had been largely at a standstill for the past decade. That’s how long it had been since a new location had been built.

December 9, 2013

The majority of stocks tracked by HCN were up, including LL (up 6.81%); STCK (up 3.91%) and LOW (up 2.94%). Sears Holdings and Sears Hometown & Outlet were down.

December 4, 2013

Sears (SHLD) shares were down 8.33% after Sears Holdings CEO Edward Lampert reduced his stake in the company Wednesday.

November 25, 2013

Sears Holdings issued a statement on Monday, discounting the New York Post's assertion that a sale of Sears Canada was in the works.

November 21, 2013

Despite continued talk about turnaround efforts, Sears Holdings widened its loss in the third quarter after sales fell at both Sears and Kmart. 

The company reported a net loss for the quarter ended Nov. 2 of $534 million, or $5.03 a share, from $498 million, or $4.70 a share, a year earlier.

November 11, 2013

On Veteran's Day, Sears launched its sixth annual Heroes at Home Wish Registry to help servicemen and women purchase clothes, toys, holiday decorations and other gifts.

Sears will be accepting donations (non-tax-deductible) through Nov. 22 both in-store and online, 100% of which will go toward military families across the country in the form of an e-gift card. 

November 6, 2013

Kmart is rolling out a lease-to-own financing program for stores across the country this holiday season, expanding access to merchandise valued at $150 and over for customers and Shop Your Way members.

The program, which allows customers to take home higher-priced items with no credit requirement, was initiated in various test markets beginning Oct. 15 and will be available in all stores by Nov. 22.

November 4, 2013

Sears and Kmart stores will be open on Thanksgiving Day for customers and Shop Your Way members who wish to take advantage of Black Friday sales.

October 29, 2013

It's no secret that Sears has been struggling, but a less-than-robust Q3 earnings report may have prompted the retailer to make a few drastic moves in an effort to sustain itself.

October 8, 2013

Sears and Shop Your Way will be in attendance at the Food Network New York City Wine & Food Festival, presented by Food & Wine this Oct. 18-20. 

The retailer will be showcasing patio furniture, grills and entertainment with Sears designer and TV personality Ty Pennington.

"I'm all about outdoor entertaining in style," Pennington said. "So join me at the Sears lounge where you can kick back in style or try your hand at bag toss, table tennis and billiards."

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