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Sears, Roebuck & Co.

  • Sears Holdings names corporate treasurer

    Hoffman Estates, Ill. -- Sears Holdings said that Scott Huckins will join the company as VP and corporate treasurer.

    Huckins comes to Sears Holdings from RSC Holdings where he served as VP and treasurer, responsible for global treasury, credit and investor relations activities. 
     

  • Sears Holdings files for partial spin off of its interest in Sears Canada

    Hoffman Estates, Ill. -- Sears Holdings announced that Sears Canada has filed a Registration Statement on Form 20-F with the U.S. SEC in connection with the company’s previously announced plan to spin-off a portion of its interest in Sears Canada.

  • Department store results mixed in May

    New York -- When Macy’s reported a 4.2% May same-store sales gain on Wednesday, ahead of the rest of the pack, analysts wondered whether that would set the tone for the rest of the department store players. It did — and it didn’t.

  • Sears launches online charity project

    Hoffman Estates, Ill. -- Sears Holdings Corp. said Wednesday it has launched a new online charity project designed to parlay customer opinions into charitable contributions.

    The project, called “Love/Hate: Share Your Thoughts, Send Some Love,” allows customers to review a product in order to vote for one of four charities. The participating charities competing for the grand prize of $100,000 include the American Cancer Society, St. Jude Children’s Research Hospital, World Vision and World Wildlife Fund.

  • Sears wants your opinion ... for charity

    HOFFMAN ESTATES, Ill. — Sears is encouraging customer feedback for the products it sells by offering shoppers the chance to vote for their favorite participating charity every time they post a product review. Through its "Love/Hate: Share Your Thoughts, Send Some Love" project, Sears is offering customers the chance to share their opinion -- good or bad -- on products and in return vote for one of four charities to receive a grand prize of $100,000. The participating charities competing for the grand prize  include the American Cancer Society, St.

  • Legal expert joins Sears Canada board

    Toronto — Sears Canada has named Don Ross to its board of directors, effective immediately.  Ross is a partner at a prominent law firm in Toronto and is a member of the Law Society of Upper Canada, the New York State Bar Association, and the Canadian, American and International Bar Associations.

    Sears Canada also announced today the resignation from the board of Deidra Merriwether, SVP and president retail services of Sears Holdings.

  • Sears swings to profit in first quarter, pursues partial spinoff off of Sears Canada

    HOFFMANESTATES, Ill. — Sears Holdings posted net income of $189 million in the quarter, compared with a loss of $165 million in the prior-year period.

    After several rounds of closings of Kmart and Sears full-line stores in the past months, revenues decreased $270 million to $9.3 billion for the quarter ended April 28. Domestic comp-store sales declined 1.3% -- 1.0% at Sears Domestic and 1.6% at Kmart. Sears also saw declines in its home appliances and consumer electronics categories.

  • Sears swings to profit in first quarter, pursues partial spinoff off of Sears Canada

    HOFFMAN ESTATES, Ill. — Sears Holdings posted net income of $189 million in the quarter, compared with a loss of $165 million in the prior-year period.

    After several rounds of closings of Kmart and Sears full-line stores in the past months, revenues decreased $270 million to $9.3 billion for the quarter ended April 28. Domestic comp-store sales declined 1.3% -- 1.0% at Sears Domestic and 1.6% at Kmart. Sears also saw declines in its home appliances and consumer electronics categories.

  • Sears Holdings swings to profit in Q1, to spin off minority stake in Sears Canada

    Hoffman Estates, Ill. -- Sears Holdings Corp. reported Thursday that it generated a profit of $189 million for the quarter ended April 28, after losing $170 million in the same period last year. The improvement was due largely to a $233-million gain from selling off some of its stores.

  • Sears launches anti-bullying initiative

    HOFFMAN ESTATES, Ill. — Sears has launched Team Up to Stop Bullying, an anti-bullying initiative designed to bring solutions quickly and effectively to bullying victims, families, educators and communities.

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