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Auto parts retailer powers ahead
New York -- Advance Auto Parts achieved record sales, profits and store expansion last year and with many of the economic factors that contributed to its 2011 success, expected to remain in place this year expectations are high that 2012 will be another one for the record books.
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Sears cuts HQ staff by 100
HOFFMAN ESTATES, Ill. — A spokesman for Sears Holdings Corp. said that the owner of Sears and Kmart stores is cutting 100 jobs at its headquarters in Hoffman Estates, Ill.
According to Chris Brathwaite, Sears spokesman, the cuts cover a range of positions. The terminated employees were notified Thursday.
The retailer has not said whether additional cuts are planned.