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Sears, Roebuck & Co.

  • Customer survey shapes Sears Father's Day gift list

    HOFFMAN ESTATES, Ill. — Sears announced that it has created a list of perfect Father's Day gifts with the help of its mySears community and Facebook fans. The company polled its consumers and yielded more than 700 responses to determine the ultimate "Gift Guy'd," the company reported.

  • Sears CFO calls it quits

    Hoffman Estates, Ill. — Sears Holdings has named William Phelan as acting CFO, replacing Michael Collins, currently SVP and CFO, who resigned last week to pursue another opportunity, the company reported in an SEC filing.

    Collins will remain with the company until June 10 in order to ensure a smooth transition, Sears noted in the filing.

  • Sears Holdings names head of tools unit

    Hoffman Estates, Ill. — Sears Holdings announced that Sam Solomon has joined the company as SVP and president of its tools business.  Solomon is responsible for developing and driving growth and profit opportunities for one of the company's cornerstone businesses, the company reported.  He was recently CEO and president of The Coleman Company Inc.  

  • Sears Holdings meets low expectations in Q1

    HOFFMAN ESTATES, Ill. — Sears Holdings reported a first-quarter net loss of $170 million, or $1.58 per diluted share, in line with the company's expectations for a net loss in the range of $145 million and $195 million, or between $1.35 and $1.81 per diluted share. The company reported net income of $16 million, or 14 cents per diluted share, in 2010.

  • Sears posts $170 million loss on weak sales

    Hoffman Estates, Ill. -- Sears Holding Corp. reported Thursday that it recorded a bigger-than-expected loss in the first quarter as its shoppers cut back on spending. The chain said it lost $170 million, compared with net income of $16 million in the year-ago period.

    The retailer had cautioned earlier in May that it expected a first-quarter loss due mainly to a drop in appliance, clothing and consumer electronic sales.

  • Bath and Body Works unit appoints new CEO

    Columbus, Ohio -- The Bath and Body Works unit of Limited Brands said Tuesday it has named former Lands’ End president Nick Coe as its new CEO.

    Current CEO Diane Neal, at the helm since 2007, will remain in that role through the summer. After that, she will transition into an advisory role with the company and work from San Francisco, according to the company.

    Before working a Lands' End, a subsidiary of Sears Holdings Corp., Coe held senior merchandising jobs at Gap’s Banana Republic and at Levi Strauss.
     

  • Sears considers moving out of Illinois

    Hoffman Estates, Ill. -- Sears Holdings Corp. is researching a possible move of its headquarters and 6,200 jobs out of Illinois, a company spokesman said Monday.

    The retailer has had preliminary discussions with the Chicago suburb of Hoffman Estates, where it is located, and has commissioned an economic impact study, according to spokesman Chris Brathwaite.

  • Sears helps vets at home

    HOFFMAN ESTATES, Ill.  — Sears announced that it is launching its fourth annual Heroes at Home spring renovation campaign with Rebuilding Together, a nonprofit working to preserve affordable homeownership. Sears said that with the help of Rebuilding Together, it expects to renovate more than 300 homes across the country as part of the Heroes at Home program, which aims to improve American military families' lives by making necessary repairs, improvements or modifications to their homes.

  • Sears to compete in national Energy Star competition

    Hoffman Estates, Ill. -- Sears Holdings said its that Sears Grand in Cape Girardeau, Mo., has been selected to participate in the U.S. Environmental Protection Agency's Energy Star National Building Competition: Battle of the Buildings to help improve the energy efficiency of commercial buildings and protect the environment.

    Sears will battle it out against hundreds of other teams representing buildings across the country to work off the waste through improvements in energy efficiency with help from EPA's Energy Star program.

  • Son of famed jeweler gets own line at Sears

    HOFFMAN ESTATES, Ill. -- Sears announced the launch of new jewelry line from designer Zaven Ghanimian. Beginning today, the Zeghani bt Simon collection will be available for purchase at Sears stores nationwide as well as online at www.Sears.com/zeghani.

    Ghanimian is the son of famed jeweler Simon G and trained at his father's jewelry business before designing his solo collection.

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