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Transform SR Brands LLC

  • Now Trending: Is it closing time?

    I’ve been thinking quite a bit lately about an article I read earlier this summer, a piece by Krystina Gustafson that appeared on cnbc.com entitled, “For retailers, closing stores isn't as easy as it once was.”  

  • Ground breaks on Staten Island Mall expansion

    Construction has begun on a 240,000-sq.-ft expansion of the Staten Island Mall, the largest shopping center in the New York City borough.   The multi-phase project will take two years to complete, and will add some 75,000 sq. ft. of space to Macy’s plus 40,000 sq. ft. for a new Dave & Busters and a 12-option food court. A new wing with a three-level parking deck is destined for one side of the General Growth Properties mall.  

  • Sears reenters category it exited four years ago

    Sears Holding Corp. is hoping to capitalize on the upswing in home improvement projects.   The retailer announced it is bringing back paint and related accessories to its stores under three different brands: Craftsman, Weatherbeater and Easy Living. It’s the first time the Craftsman brand will be extended to the paint category.        Sears will test the new offerings in 23 stores nationwide before a chainwide rollout.   

  • Can Sears be saved?

    On Thursday, Aug. 25, Sears Holdings Corp., on the heels of another dismal quarter, announced it had accepted a capital infusion in the way of a $300 million loan by CEO Eddie Lampert’s hedge fund.

  • Sears’ losses mount in Q2; accepts loan from Eddie Lampert

    Sears Holdings Corp. swung to a loss amid declining sales in the second quarter, and chairman and CEO Eddie Lampert stepped in with more financing for his embattled company.   Sears said it had accepted a $300 million debt-financing offer from Lampert’s hedge fund, ESL Investments Inc. The loan is secured by a junior lien against Sears's inventory, receivables and other working capital.  

  • Commentary: Showcase at Sears?

    Retail consultants McMillan Doolittle offered the following commentary regarding Sears’ plans to upgrade its apparel offerings with in-store shops dedicated to global brands new to the U.S. market.   

  • Sears moves to elevate apparel offerings with fashion-forward, in-store concept

    Sears is piloting a concept that could breathe new life into its apparel offerings.    

  • The retailer with the best digital gift card program is…

    Beauty giant Sephora scores the highest when it comes to online gifting.    That’s according to RSR Research’s sixth annual digital gifting benchmarking report.  Sephora came out on top, scoring 55 points out of a possible 66 points, followed by Starbucks (50.5) and The Home Depot (46.5). Rounding out the top five: Dunkin’ Donuts (44.5) and Amazon (43). (The top 25 retailers in the study are listed at the end of article.)    
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