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Sears: It's a Discount Store, Not a Hedge Fund
A store is a store, not an investment vehicle. Proof of this comes via the miserable quarter Sears Holdings just posted, capped by a $56 million loss. Comps at Sears stores fell 9.8 percent, while same-store Kmart sales were down 7.1 percent, in a quarter when other discounters (Costco and...
Tags: Sears Roebuck & Co., Hedge Fund, Store, Lampert, Sales Strategy, Investment, Sales Force Management, Operational Accounting, Financial Services, Sales, Finance, Lisa Everitt
Blog posts 2008-06-03

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Harold J. Lampert | Former educator, 88
Harold J. Lampert, 88, of Willow Grove, a former Philadelphia public school teacher and principal, died Tuesday of congestive heart failure at Abington Memorial Hospital. In 1946, Mr. Lampert began teaching sixth grade at Laura H. Carnell School in Northeast Philadelphia. In 1956, he became an elementary school principal, heading...
Articles 2008-08-14
Christie, Parker & Hale Names David J. Steele to Head Newport Beach Office
LOS ANGELES -- Christie, Parker & Hale, LLP CPH, a leading Southern California intellectual property law firm, announced today that David J. Steele has been named managing partner of its Newport Beach office. "I look forward to expanding our practice in Orange County across all...
Articles 2008-07-03
Concord Camera Corp. Announces Court Approval and Dismissal of Securities Class Action and Shareholder Derivative Action Litigations
Concord Camera Corp. ("Concord" or the"Company") (NASDAQ: LENS) today announced that on June 19, 2008, the UnitedStates District Court for the Southern District of Florida issued its finalapproval of the Stipulations and Agreements of Settlement in the securitiesclass action suit filed in September 2004 against the Company and...
Articles 2008-06-27
Last Friday is First Friday
By Bill Blankenship THE CAPITAL-JOURNAL So Topekans don't have to choose between fireworks and fine art, the First Friday Art Walk for July will take place today on the last Friday of June. Organizers of the monthly...
Articles 2008-06-27
A South Florida Premiere
BocaRaton.com Introduces 'The Insight,' First 'Webisode' Featuring Guest Hosts, Live Call-ins, Interactive Blogs on Topics From Holistic Health to Dealing With Change BOCA RATON, Fla., June 18 /PRNewswire/ -- BocaRaton.com and The Bites! Network will debut South Florida's first weekly webisode -- a transformational...
Articles 2008-06-18
Art abounds this weekendArt abounds this weekend
By Bill Blankenship THE CAPITAL-JOURNAL A coincidence on the calendar will make this weekend in Topeka heaven for art lovers. This month's First Friday Art Walk will usher in the 16th annual Mulvane Mountain/Plains Art Fair, which...
Articles 2008-06-05
Art abounds this weekendArt abounds this weekend
By Bill Blankenship THE CAPITAL-JOURNAL A coincidence on the calendar will make this weekend in Topeka heaven for art lovers. This month's First Friday Art Walk will usher in the 16th annual Mulvane Mountain/Plains Art Fair, which...
Articles 2008-06-05
'After the birth I almost left Gray.. I wanted to kill him'
MYLEENE Klass has revealed how her "perfect life" almost fell apart as she struggled desperately to cope after giving birth to daughter Ava. The former Hear'Say star admits that, exhausted and frustrated, she almost left Graham Quinn, Ava's father. "My relationship with...
Articles 2008-05-04
Rails to the North Star; a Minnesota railroad atlas
Rails to the North Star; a Minnesota railroad atlas. Prosser, Richard S. U. of Minnesota Press 2007 283 pages $29.95 Paperback Fesler-Lampert Minnesota heritage book series HE2771 This book, a reprint of...
Articles 2008-05-01
Parents Clash: Burial or Cremation?
By IsraelNationalNews.com Raz Lampert and Lillith Saraf are conducting a legal battle regarding the corpse of their daughter, 14-year-old Meitar Saraf, who committed suicide two weeks ago in the town of Zichron Yaakov. The teenager had hanged herself in the...
Articles 2008-04-23
Thought-provoking comments, a little satire and wit, and sometimes a challenge or two from an anonymous distributor
Did you know that Sears is considering selling some of its best-known brands--Craftsman, DieHard, Kenmore and Lands' End--through retailers beyond its nearly 3,800 U.S. and Canadian stores? Imagine walking into a Lowe's or Home Depot and seeing Craftsman outdoor power equipment in the OPE section, or going into...
Articles 2008-04-01
Analysts: Lampert no threat to AutoNation.(News)(Edward Lampert)(Brief article)
Byline: Jim Henry Billionaire investor Edward Lampert has increased his ownership share of AutoNation Inc., the nation's largest auto dealership group, to 36 percent from about 24 percent a year ago. Industry analysts say Lampert's move appears...
Articles 2008-03-17
Auto News digest.(Briefs)(Ford Motor Co. is paying bonus)(DENSO Corp. appointed Haruya Maruyama)(General Motors' incentive program)
Ford gives employees $1,000 bonus DETROIT - Ford Motor Co. is paying every U.S. and Canadian employee a $1,000 bonus even though the automaker lost $2.7 billion last year. In an e-mail to employees last week, CEO Alan Mulally said that...
Articles 2008-03-10
Effects of teacher induction on beginning teachers' teaching: a critical review of the literature.
Drawing on literature since 1997, this review explores the effects of teacher induction on beginning teachers' conceptions and practice of teaching, and it identifies three approaches to understanding such effects, as found in the literature. The first approach addresses the assumed effects of teacher induction components on...
Articles 2008-03-01
Tribute gifts to NWHN: a thoughtful way to commemorate someone special.
IN HONOR OF M. Elizabeth Anastos Kathryn Anastos Gertrude Berman Judy T. Benn Markie Clowes Margaret C. Bowles Judy Costlow Lore Thorpe Ellen Cummings & her family...
Articles 2008-03-01
Eric Lampert Named Vice President and Director of Operations for Flight Operations at NetJets Aviation
COLUMBUS, Ohio -- NetJets Aviation today announced that Eric Lampert has been named Vice President and Director of Operations for the Flight Operations Department at NetJets Aviation. Mr. Lampert most recently served as the Assistant Director of Operations for Flight Operations at NetJets. "Eric's considerable understanding of aircraft...
Articles 2008-02-27
Sears Holdings Elects Kevin B. Rollins to Board
HOFFMAN ESTATES, Ill., Feb. 20 /PRNewswire-FirstCall/ -- Sears Holdings Corporation announced today the election of Kevin B. Rollins, 55, former president and chief executive officer of Dell, Inc. and currently a senior adviser to the private investment firm TPG Capital, L.P. formerly Texas Pacific Group, to membership on...
Articles 2008-02-20
Sears Holdings Inc. CEO Aylwin B. Lewis leaves company
[ILLUSTRATION OMITTED] Aylwin B. Lewis, who made business headlines in 2005 as the first Black president and CEO of Sears Holdings, has stepped down from the helm of the retailing giant and its board of directors, the company recently announced. Lewis, 52, leaves in the wake...
Articles 2008-02-18
Lampert should redlight Sears and back the blue light instead.(Columns)
Byline: Rance Crain My daughter Heather's solution to the Sears meltdown: Be more like sibling Kmart. Heather was thrilled when she went to Kmart to buy sheets and discovered the store's Martha Stewart Everyday line had linens...
Articles 2008-02-11
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