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Sears Roebuck & Co. is in the Retail Industry
Latest News and Analysis
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...
Why Kroger Will Get Your Tax Refund (and Sears Won't)
Plenty of retailers have focused their ads on the expected wave of economic stimulus checks. Sears and Kroger have taken things a step further, giving shoppers an extra 10 percent cash if they trade their whole check for a Kroger, Sears, or Kmart gift card. Now Kroger, the biggest supermarketer...
Goodbye, Eddie Lampert. We Hardly Knew Ye.
Well, it looks official. As I have warned previously in these pages, Eddie Lampert's wild experiment at Sears is coming to an end. Even the Wall Street Journal (on Wednesday Jan. 23) and now the New York Times (see this link, from Friday) agree that he does not know what...
Do Sears' Troubles Hint At Coming Wave of Bankruptcies?
Now comes word that the once lionized Edward S. Lampert is having troubles with the combined Sears-Kmart giant he assembled only two years ago. What a far cry from the days when he was being hailed for his management genius. In brief, Lampert's problem is that falling...
The Houston Retail Market Update
The housing market's recent slowdown has had a ripple effect that can be felt across all markets, and retail is no exception. Many retailers such as Lowe's, Home Depot, and Sears have especially been hit. The nation's number one home improvement retailer, Home Depot, recently reported that it expects earnings...
Sears Securitizes Its Brand Names: BusinessWeek
Sears Securitizes Its Brand Names: BusinessWeekSears Brand BondsTo offer some perspective on the potential implications of this move I compare Eddie Lampert's recent "Sears Bond" issue with David Pullman's 1997 "Bowie Bonds." I hope this will lead to new ideas on how to monetize the brand portfolios of other big...
Citigroup Inc has purchased Sears' credit card activities
Citigroup has just acquired, for six billion dollars, the credit card portfolio of the American distribution group, Sears. By using Sears' 2700 points of sale, Citigroup expects to increase strongly its customer base and its turnover, and achieve economies of scale while solidifying its position as the leader in the...
Communicating the Americans With Disabilities Act - Transcending Compliance: 1996 Follow-Up Report on Sears, Roebuck and Co.
The Americans with Disabilities Act of 1990 ADA continues to shape employment, governmental services, telecommunications, public accommodations, and perhaps most important, public attitudes. The ADA is the most comprehensive federal law to address discrimination against an estimated 50 million Americans. Its implementation remains the subject of intense public policy debate....
Will Sears Be More Like Target Than Kmart?
Kmart blew a golden opportunity even though the retailer had the Martha Stewart Everyday collection as a key element in its business and brand strategy. Kmart only thought of Martha Stewart as access to branded products to round out their offering. Two strategic brand opportunities to drive value cannot be...
Additional Resources
Darby & Darby Wins $1.7 Million Verdict for Lucky Break Wishbone Corp. in Copyright Infringement Case Against Sears and Y&R
SEATTLE -- Seattle attorneys David Tellekson and Mark Walters of intellectual property law firm Darby & Darby recently won a $1.7 million verdict in actual damages and profits for their client, Lucky Break Wishbone Corporation of Seattle against Sears, Roebuck and Co. and Young & Rubicam (Y&R). A Seattle jury...
Sears Gets Personal, Enhancing Its Online Shopping Experience with Next Generation Personalized Recommendations from richrelevance
Retailer Expects to Increase Customer Satisfaction and Loyalty CHICAGO -- Sears is now bringing its customer-centric, in-store experience online through personalized product recommendations powered by richrelevanceTM (http://www.richrelevance.com). Sears.com and Kmart.com are currently running richrelevance's turnkey solution, which analyzes shopper behavior to customize each shopper's online experience from homepage...
Signature Genomic Laboratories Announces Relocation to New Building
SPOKANE, Wash. -- Signature Genomic Laboratories announced that it will be relocating its headquarters and laboratory to a new building in north Spokane June 2nd. The new headquarters provides the wet-laboratory and administrative space necessary to accommodate Signature's rapid growth. Designed by Matthew Collins at Spokane architecture firm...
Oshkosh Corporation Appoints Craig P. Omtvedt to Board of Directors
OSHKOSH, Wis. -- Oshkosh Corporation (NYSE:OSK) announced today that Craig P. Omtvedt has been elected to the company's Board of Directors. Omtvedt currently serves as senior vice president and chief financial officer for Fortune Brands, Inc., a leading consumer products company with annual revenues of approximately $8.6 billion....
Sears.com Expands Online Shopping Experience With Virtual Showroom of Art, Books, Movies, Software and Music
HOFFMAN ESTATES, Ill., May 15 /PRNewswire/ -- As more customers turn online for their entertainment shopping needs, Sears is supporting this increased demand through a large-scale expansion of its online store. This month, at Sears.com, customers can find a huge selection of books, DVDs, music, software and even...
Julius Rosenwald: The Man Who Built Sears, Roebuck and Advanced the Cause of Black Education in the American South.(Book review)
Julius Rosenwald: The Man Who Built Sears, Roebuck and Advanced the Cause of Black Education in the American South. By Peter M. Ascoli. Philanthropic and Nonprofit Studies. (Bloomington and Indianapolis: Indiana University Press, c. 2006. Pp. [xvi], 453. $35.00, ISBN 0-253-34741-6.) As...
The Rosenwald Schools of the American South.(Book review)
The Rosenwald Schools of the American South. By Mary S. Hoffschwelle. Foreword by John David Smith. New Perspectives on the History of the South. (Gainesville and other cities: University Press of Florida, c. 2006. Pp. xx, 401. $39.95, ISBN 0-8130-2957-0.) In 1932 over...
String of Sears Home Appliance Showrooms to open in Utah
A group of people who recently moved from Florida to Utah plans to open six Sears Home Appliance Showrooms along the Wasatch Front, offering not only Sears-brand appliances but other major brands such as General Electric, Jenn-Air, Frigidaire, KitchenAid, Bosch, LG, Maytag and Whirlpool. Sears Holdings Corp., parent company...
Lou Fryz of Elk Grove Village for 30 years.(Obituaries)(Obituary)
Lou Fryz of Elk Grove Village for 30 years Visitation for Lou Fryz, 74, will be from 11 a.m. until the time of service at noon Saturday, at Grove Memorial Chapel, 1199 S. Arlington Heights Road three blocks south of Biesterfield Road, Elk Grove...
Spirit Airlines Soars with Launch of FREE SPIRIT Mall
Online loyalty shopping mall powered by Mall Networks offers bonus miles, exclusive discounts and benefits to FREE SPIRIT frequent fliers LEXINGTON, Mass. -- Mall Networks, the leading provider of merchant-funded loyalty shopping solutions, today announced the FREE SPIRIT[TM] Mall, a personalized online shopping mall created for Spirit Airlines...
Sayles Werbner Verdict Ranks Among Tops in Nation in 2007
For the third time in seven years, the Dallaslitigation law firm Sayles Werbner has earned a place on the annual VerdictSearch list of the top 100 verdicts in the nation. Sayles Werbner's $73.5 million breach of contract verdict against Sears,Roebuck and Co. was recognized as the 19th largest verdict in...
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Sears Roebuck & Co. Company Info
NAICS Code
All Other General Merchandise Stores: 452990Brought to you by IBMSponsored Resources
