A selloff of several store leases and the spinoff of two business segments are on the way for Sears Holdings as the company hopes to improve its third quarter 2013 performance, the retailer said Tuesday.
Sears Holdings' Canadian division may consider selling off its Toronto flagship store if the right buyer comes along, according to published reports.
Big Lots has appointed former Kmart executive Andrew Stein as the company's SVP and chief customer officer, as the company focuses more intensely on bolstering its digital footprint.
Sears Holdings Corp. is honoring members of the armed forces with an inaugural "Invite a Veteran to Work Day" at its headquarters and nearly 2,000 stores next month.
Kmart will kick off the holiday shopping season by launching a new lease-to-own program in time for Black Friday, the massmerchandise retailer said Tuesday.
St. Jude Children's Research Hospital is applauding the retailers that have joined and returned to its annual campaign to raise money for children's cancer research.
Kmart has started a fundraising campaign for St. Jude Children's Research Hospital for childhood cancer, the mass merchandise retailer said.
Kmart has compiled a list of 15 toys that it is encouraging members of its loyalty program to send as gifts to children in need.
Sears Holdings is hoping to obtain a new loan in order to reduce borrowings from an older loan agreement, the company said Monday.
Members of Kmart's loyalty card program can use low-cost check cashing services at stores, the retail chain said.