Content about Sears Holdings

May 23, 2011

Kmart parent company Sears Holdings has named William Phelan as acting CFO, replacing Michael Collins, currently SVP and CFO, who resigned last week to pursue another opportunity, the company reported in a Securities and Exchange Commission filing.

May 19, 2011

Kmart parent company Sears Holdings reported a first-quarter net loss of $170 million, or $1.58 per diluted share, in line with the company's expectations for a net loss in the range of $145 million to $195 million, or between $1.35 and $1.81 per diluted share.

May 10, 2011

The parent company of Kmart is considering taking its headquarters out of Illinois, according to published reports.

May 3, 2011

Sears Holdings will host its annual meeting on May 4, and attendees likely will want to know how the company plans to improve sales and return to profitability under the leadership of its new CEO, Lou D’Ambrosio.

April 25, 2011

One has to admire a person who perseveres through hardship and difficulty, and the same goes for companies that keep going and keep trying, no matter what the market throws at them.


April 12, 2011

Walmart and Sears Holdings have both announced their commitment to helping military members maintain employment when moving from one community to another.

April 11, 2011

Following the success of its 13-store test in 2010, Sears has announced that it now is expanding its in-store cosmetic departments to more than 100 stores and online.

February 24, 2011

Mass merchandiser Kmart had sales of $4.99 billion during fourth quarter 2010 and $15.6 billion for the year as a whole, according to an earnings statement released Thursday by parent company Sears Holdings.

February 1, 2011

WOONSOCKET, R.I. — The next chapter for CVS Caremark officially is under way. The company last month officially named Larry Merlo CEO, effective March 1. Tom Ryan will remain nonexecutive chairman until his retirement in May. Prior to the news, Merlo had been president and COO.

January 18, 2011

Fast on the heels of her departure from Ahold USA’s Giant Foods of Landover supermarket unit, Robin Michel has been tapped for an increasingly critical role at retail giant Sears Holdings. Michel, who left as president of Giant-Landover in December 2010, will serve as SVP and president of food and consumables, health and beauty and pharmacy at Sears and its Kmart subsidiary.

January 17, 2011

Sears Holdings released its year-end outlook for the fiscal year 2010 ending Jan. 29.

January 11, 2011

A 2.3% same-store sales gain at Kmart was not enough to offset a 6% decline at Sears, resulting in an overall 1.7% decline for the combined companies' domestic operations during the five-week December reporting period ended Jan. 1.

January 4, 2011

Sears Holdings' SVP procurement and finance has been promoted.

November 10, 2010

Former Kmart CEO Charles Conaway has agreed to drop his appeal of a $10 million...

September 23, 2010

Kmart tapped "Modern Family" star Rico Rodriguez to unveil the retailer's Fab 15 toy list...

March 24, 2010

Kmart is offering its pharmacy customers a free one-month supply of folic acid in line...

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