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Sears Roebuck & Co. is in the Retail Industry
Latest News and Analysis
Stock Watch: Martha's merger gains may outlive Vornado's; Kmart, Sears linkup offers quick kick; short-sellers could hold key.(Stocks)
Byline: aaron elstein The announcement last Wednesday of a merger between Sears and Kmart drove up the stocks of Vornado Realty Trust and Martha Stewart Living Omnimedia Inc., if only momentarily, as investors speculated on how the landlord and me Byline: aaron elstein...
REIT's investment keys Sears jump.(Markets)(Brief Article)
Byline: Sandra Jones Sears, Roebuck and Co. shares soared 24% in heavy trading Friday after Vornado Realty Trust, a New York-based real estate investment trust, said it bought a 4.3% stake in the retailer. The news fueled talk that Sears will mo...
Vornado Realty Trust buys stake in Sears.
By Lore Croghan, Daily News, New York Knight Ridder/Tribune Business News By Lore Croghan, Daily News, New York Knight Ridder/Tribune Business News
Additional Resources
Take a Good News Break This Holiday Season
Sears and Yahoo! Launch 'Good News Now' to Promote Uplifting Stories During Downturn HOFFMAN ESTATES, Ill., Nov. 19 /PRNewswire-FirstCall/ -- In a bold move to dispel the pall overshadowing the holiday shopping season, Sears this week launched Good News Now on Yahoo! News. Designed to answer shoppers'...
Sears.com Expands Its Online Shopping Experience With Massive New Assortment of Automotive Parts and Accessories
HOFFMAN ESTATES, Ill., Nov. 18 /PRNewswire-FirstCall/ -- Building on a long history of serving customers' automotive needs, Sears is now enabling online shoppers to purchase from a full assortment of automotive-related products in addition to Tires, Wheels and Batteries on Sears.com. Sears will add more than 130,000 new items...
Sears Invites Americans to Celebrate Veterans Day and Give Back
Heroes at Home Program and Wish Registry Help Fulfill Military Wishes HOFFMAN ESTATES, Ill., Nov. 11 /PRNewswire-FirstCall/ -- In honor of its long-standing commitment to military servicemen and women on Veterans Day, Sears will kick-off its Heroes at Home Wish Registry today, to fulfill wishes for deserving...
Holiday Shoppers Can Find Easy and Convenient Shopping on Their Mobile Phone With 'Sears2go'
Sears Introduces Mobile Shopping for Holiday Shoppers On-the-Go! HOFFMAN ESTATES, Ill., Nov. 7 /PRNewswire-FirstCall/ -- Just in time for the busy holiday shopping season, Sears.com today announced the launch of Sears2go -- a mobile commerce Web site. Sears2go, which enables customers to find and buy select Sears.com...
Ebates.com Doubles Cash Back for Holiday Shoppers
Ebates.com makes saving money even easier during tough economic times SAN FRANCISCO, Nov. 3 /PRNewswire/ -- Ebates.com, the leader in online cash back shopping, today announced it will pay double cash back to members for purchases made at its most popular stores, throughout the entire holiday shopping...
Sears and VenJuvo.com Launch Trade4Credit Online Program Giving Customers Store Credit for Unwanted Electronics
VenJuvo, a company that specializes intrade-in services for consumer electronics, announced today it has joinedforces with retail chain Sears to offer its Trade4Credit program toSears.com shoppers. The Trade4Credit program provides an easy and secureway for customers to earn Sears store credit in exchange for trading inpre-owned electronics that are determined...
Edgar Stern, Deer Valley founder, dies
Edgar B. Stern Jr., 86, former owner of Park City Mountain Resort and founder of Deer Valley Resort, died Oct. 12, 2008, in Seattle. He had also been chairman of Royal Street Corp., founder of WDSU Television, New Orleans; the Stanford Court Hotel, San Francisco; and a...
The Cambridge Group Names Richard Srednicki a Director
Srednicki, former JPMorgan Chase & Co. Card Services CEO, brings 30 years of financial services, marketing experience CHICAGO, Oct. 7 /PRNewswire/ -- The Cambridge Group, a leading strategy consulting group, announced today that Richard J. Srednicki joined the firm as a director. Mr. Srednicki brings...
Burn calories, not electricity
Hop on one of these machines to improve your bottom line--in more ways than one. The electricity-free models here can save you 500 kilowatt hours a year (that will power a dishwasher for 12 months).--M.S. * Schwinn Fitness Evolution SR Indoor Cycling Bike ($1,300; schwinnfitness.com) Just...
Apparel comeback
[ILLUSTRATION OMITTED] Apparel sales, which fell sharply after the stock market crash of 1987, have rebounded in 1989 and early 1990. The strength of the category can he clearly seen in the financial results of some major retailers. While such apparel-based retailers as J.C....
Sears has new plan
SEARS HAS NEW PLAN: Sears, Roebuck and Co., frustrated at losing customers to discount chains, announced that it would compete with such retailers more directly. The giant retailer, at the time still the nation's largest, said it would sell brand name merchandise and would offer everyday-low prices. Analysts ware skeptical...
Sears gets new CEO
SEARS GETS NEW CEO: Arthur Martinez was appointed chairman and chief executive officer of the Sears Roebuck & Co's merchandise group in September. Martinez had been vice chairman in charge of finance at Saks Frith Avenue...
Sears
[ILLUSTRATION OMITTED] Since introducing its new pricing and marketing strategy in April 1989, Sears Roebuck & Co. has been plagued by dismal sales and a growing sense of pessimism among consumers over whether the nation's largest retailer will be successful in its bid to change its image. ...
Layoffs hit Sears
LAYOFFS HIT SEARS: Sears Roebuck & Co. announced in January that It planned to lay off some 21,000 employees at its 863 stores by June. The layoffs represented about 10% of the retailer's workforce in its stores...
Canada
Low real estate prices and a falling Canadian dollar have spurred many mass market retailers to try their luck in Canada. Some of the biggest names in U.S. retailing have entered Canada, including Wal-Mart Stores Inc., Sears Roebuck & Co., Price/Costco Inc., Home Depot Inc. and Kmart Corp....
Kmart, Sears merge
KMART, SEARS MERGE: Kmart Holdings Corp. announced plans to buy Sears, Roebuck and Co. for $11 billion, combining two of the nation's oldest retail chains into the third-largest retail chain in the country. The move was expected to strengthen the two struggling retail chains by accelerating Scar's off-mall growth strategy...
Sears/Kmart deal
SEARS/KMART DEAL: Shareholders at Kmart Holdings Corp. and Sears Roebuck and Co. approved the $12.3 billion merger that combined the two companies into a new entity known as Sears Holdings Corp., which had 3,800 stores and total sales of $55 billion. The new company ranked as the nation's third-largest retailer,...
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Sears Roebuck & Co. Company Info
NAICS Code
All Other General Merchandise Stores: 452990Brought to you by IBM
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