Resources
- sort by:
- Relevance
- Date
- Popularity
- Sears, Roebuck & Co. (Names in the News).(Ppaul Liska to run the credit-card and financial-products business)(Brief Article)
- * PAUL LISKA Chicago Chapter, Executive Vice President and CFO of Sears, Roebuck & Co., is moving to run the ... * PAUL LISKA Chicago Chapter, Executive Vice President and CFO of Sears, Roebuck & Co., is moving to run the credit-card and financial-products business, assuming...
- Research articles 2002-11-01
- Selling units, Sears triples profits.(Business Today)(department store Sears, Roebuck and Co.)
- HOFFMAN ESTATES, ILL. -- Banking $4.1 billion from the sale of its credit-card and financial-services business, Sears, Roebuck and Co. more than tripled fourth-quarter profits, which soared by 224.2 percent, to $2.7 billion from $848 million last y HOFFMAN ESTATES, ILL. -- Banking $4.1...
- Research articles 2004-02-02
- Mixed profit story as Sears pares its forecast.
- HOFFMAN ESTATES, IL -- Raising $93 million from the previously announced sale of bad debt in its credit card business, Sears, Roebuck and Co. boosted second-quarter profits by 34.9 percent, to $309 million from $229 million a year ago. HOFFMAN ESTATES, IL...
- Research articles 2003-07-21
- Sears looks to bail out of decades-old credit business - Sears, Roebuck & Co
- CHICAGO -- Sears, Roebuck & Co. surprised investors last week when it announced plans to sell its massive $31 billion credit card portfolio. Sears ceo Alan Lacy said assets from the sale would provide a windfall for investors and help the company trim its debt and focus on its troubled...
- Research articles 2003-04-07
- Americas: Citigroup pays $5 billion for sears' credit card unit, The
- Citigroup agreed to acquire the credit card and financial products business of Illinois-based Sears, Roebuck for an estimated $5 billion.
- Research articles 2003-10-01
- Sears' new challenge: spinning retail gold; Credit card sale puts focus on Lacy's big-box plan.(News)(Sears, Roebuck and Co. sells credit card business to Citigroup Inc.)
- Byline: SANDRA JONES When Sears, Roebuck and Co. wraps up the sale of its credit card business to Citigroup Inc. later this year, the shrinking company will be relying solely on its chain of stores for the first time in its 110-year history. ...
- Research articles 2003-07-21
- Sears banks on retail; credit biz on the block.(Sears, Roebuck & Co. to sell credit card portfolio)
- HOFFMAN ESTATES, IL -- Seeking to boost its sagging share price and bottom line, Sears, Roebuck & Co. is putting up for sale its $30 billion credit card portfolio. The business has vexed management in recent years as consumers stopped paying th HOFFMAN ESTATES,...
- Research articles 2003-04-07
- Sears, ex-exec in talks on defamation suit; Company fired head of credit business in '02.(News)(Sears, Roebuck and Co.)(Kevin Keleghan)
- Byline: SANDRA JONES Sears, Roebuck and Co. and the fired head of the retailer's former credit card business are in talks to resolve a defamation lawsuit sparked by the executive's dismissal. Kevin Keleghan, the former Sears credit executive who Byline: SANDRA...
- Research articles 2005-01-31
- Sears tangled in new credit controversy. (Sears, Roebuck and Co)
- Suits challenge chain's national interest rate hike Sears, Roebuck and Co.'s legal woes are mounting as a new round of lawsuits question the retailer's credit card collection practices, even as a federal probe of its credit operation remains unresolveSuits challenge chain's national interest rate hike ...
- Research articles 1998-06-22
- Buyback doesn't address the bigger issue at Sears.(Opinion)(Sears, Roebuck and Co.)(credit card business to Citigroup Inc.)
- Sears, Roebuck and Co. has answered the question of what it will do with $3 billion in proceeds from the sale of its credit card business. It will once again buy back stock, which is bound to please investors. But CEO Alan Lacy has yet to answer...
- Research articles 2003-10-13
- Sears, Wal-Mart use new cards to lure patrons.(Sears, Roebuck and Co. and Wal-Mart Stores Inc. issue store-brand credit cards)
- Sears, Roebuck and Co. and Wal-Mart Stores Inc. have both introduced store-brand credit cards in an effort to attract customers. A Sears- MasterCard co-branded card is being tested in sixteen Midwestern markets and will be ready for distribution at the naSears, Roebuck and Co. and Wal-Mart Stores Inc. have both...
- Research articles 1996-10-28
- Sears' finances show soft side.(News)(Sears Roebuck and Co.)(Company Profile)
- Byline: SANDRA JONES Operational problems are turning into financial woes for Sears, Roebuck and Co. Sears' inability to stem the long-term decline of its stores and to cap rising delinquencies in its credit card portfolio has begun to erode th ...
- Research articles 2003-03-10
- Sears delivers healthy 2d quarter gain. (Sears, Roebuck and Co. earns $274 million in period ended June 29, 1996)
- Department store operator Sears, Roebuck and Co. posted $274 million in operating income for the 2nd qtr ended June 29, 1996. The strong performance occurred because of wider profit margins, increased credit-card income and solid sales of women's sportsweDepartment store operator Sears, Roebuck and Co. posted $274 million in operating...
- Research articles 1996-07-22
- SEARS SETTLES LAWSUIT.(concerning change in credit card interest rates)
- HOFFMAN ESTATES, Ill.-Sears, Roebuck and Co. has agreed to settle a class-action lawsuit, filed over an increase on the annual percentage rate APR of credit card holders, by paying millions of dollars in cash and coupons to 11 million of its credit HOFFMAN ESTATES, Ill.-Sears, Roebuck...
- Research articles 1999-03-15
- Rays of hope for Sears shares.(Sears, Roebuck and Co. predicted second-quarter results)(Brief Article)(Statistical Data Included)
- Hoffman Estates-based Sears, Roebuck and Co. gave its shares a boost with the news that second-quarter results won't be as bad as many had expected, despite an array of special charges. The retail and credit card concern said it expects a net loss of Hoffman Estates-based...
- Research articles 2001-07-16
- Big Store's big worry: card unit; Troubles erupt at wrong time for Lacy.(News)(Sears, Roebuck and Co., Alan Lacy)
- Byline: SANDRA JONES The profit engine fueling CEO Alan Lacy's drive to reshape Sears, Roebuck and Co. is sputtering at precisely the wrong time. Until now, Mr. Lacy has counted on the company's highly profitable credit unit to placate Wall Stre ...
- Research articles 2002-10-14
- Editorial: Credit card push won't recharge Sears' strategy.
- With its plan to issue a MasterCard, Sears, Roebuck and Co. is again showing the foresight and timing that made it a corporate dinosaur. The move might have made sense 10 years ago, before growth was slowing and profit margins shrinking in the genera With its...
- Research articles 2000-05-08
- Sears, Roebuck & Co.(Retailing)(Brief Article)
- Chicago -- posted a record $2.75 billion profit for the fourth quarter thanks to the sale of its credit-card unit to Citigroup, but with retail sales sagging, the company lowered its estimate for ... Chicago -- posted a record $2.75 billion profit for the fourth quarter...
- Research articles 2004-03-01
- First Data Announces Credit Card Processing Partnership with Citibank
- DENVER -- Electronic commerce and payments leader First Data (NYSE: FDC) announced today that it has expanded its relationship with Citibank and that the two companies have signed a long-term processing agreement that would expand their existing relationship to include processing services for the Sears, Roebuck & Co. Card Portfolios.
- Research articles 2005-06-24
- SEARS DEBUTS A NEW PUSH TO BOOST CREDIT ; Rolling dice, retailer will expand the borrowing power of basic store card.(Brief Article)
- Sears, Roebuck and Co. is supercharging its store credit card. Hoping to reignite a stalled credit business that produces more than half of its profits, Hoffman Estates-based Sears is outfitting its basic store card with the features of a general p Sears, Roebuck and...
- Research articles 2001-05-21
- << Previous
- page 1 of 2
- Next >>
Presented by American Express