Sears, Roebuck & Co.

Hoffman Estates, Ill. -- A Friday report by Wall Street Journal said that Sears Holdings Corp. is in an active push to lease surplus space to other retailers. Its real estate division has listed on its website some 4,000 of its namesake and Kmart stores that have space for other merchants or retail operations to lease.

San Diego -- At its first Smarter Commerce Global Summit, IBM announced a range of wins with clients across global industries. By deploying solutions for Smarter Commerce, these clients are capitalizing on rapid shifts in customer demand, improving their performance and appeal to new digital age consumers, IBM said.

MATTHEWS, N.C. — Family Dollar Stores announced that it has named Trey Johnson to the newly created position of SVP food. Johnson will report to Dorlisa Flur, EVP and chief merchandising officer.

Matthews, N.C. -- Family Dollar Stores has named Trey Johnson to the newly created position of senior VP – food.

Johnson comes to Family Dollar from Sears Holdings where he created a limited assortment food concept for K-Mart. He also led the development of Wal-Mart’s Marketside format as its chief merchandising officer.
 

HOFFMAN ESTATES, Ill. — Kmart announced that it is launching the Latina Smart Fund in celebration of National Hispanic Heritage Month. Promoted through Kmart's Latina Smart Facebook page, the Latina Smart Fund will award $25,000 in scholarships to graduating high school seniors and/or students currently enrolled in college, technical or trade schools.   

HOFFMAN ESTATES, Ill. — Sears Holdings announced that former UPS executive Raj Penkar is joining the company as SVP and president of the company's supply chain.

In his new role, Penkar will be accountable for all aspects of the company's supply chain, including logistics, warehousing, inventory management and distribution. Prior to joining Sears, Penkar worked at UPS for 24 years and most recently served as president of UPS' customer solutions division.

Hoffman Estates, Ill. -- Sears Holdings announced that Raj Penkar will be joining Sears Holdings on Sept. 15 as senior VP and president, supply chain. He will be accountable for all aspects of the company's supply chain, including logistics, warehousing, inventory management and distribution. 

Penkar joins Sears Holdings following a successful 24-year career at UPS, where he most recently served as president of UPS' customer solutions division.
 

HOFFMAN ESTATES, Ill.  — Sears announced that it is inviting Facebook users to support to America's military members by fan voting for the Sears Rebuilding Together affiliate program that they believe is the most deserving. 

Voting will take place through Sept. 23, and based on total vote tallies, Sears and Rebuilding Together will award 25 overall grants totaling $250,000 to Rebuilding Together affiliates at platinum, gold, silver and bronze levels.

WOONSOCKET, R.I. — CVS Caremark has appointed former Macy’s executive Mark S. Cosby as president of CVS/pharmacy, effective Oct. 1.

Cosby most recently served as Macy’s president of stores, where he was responsible for all Macy's store operations and support functions nationwide.

HOFFMAN ESTATES, Ill. — Sears Holdings turned in disappointing sales and earnings for its second quarter as the company strives to turn around its performance in a weaker consumer spending environment.

Sears Holdings reported a net loss of $146 million, or $1.37 per diluted share, for the second quarter compared with a net loss of $39 million, or 35 cents per diluted share for the same period last year.