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Transform SR Brands LLC

  • Sears looks to stay afloat with new board member

    A cruise industry executive is the newest member of the board of directors for Sears Holdings Corp.

    "I am very pleased to welcome Kunal S. Kamlani to our board," said Sears Holdings Chairman and CEO Edward S. Lampert. "His broad-based financial services expertise coupled with leading a company with a strong focus on its customers make him a great fit for our board as we continue our transformation to a member-centric company that leverages Shop Your Way and Integrated Retail."

  • Blackhawk board identifies board additions

    A former Walmart and Sears financial executive and a former Federal Reserve bank executive are the newest members of the board at gift card and financial services provider Blackhawk Network Holdings.

    Blackhawk announced on Dec. 5 that Jane J. Thompson and Richard H. Bard were elected to its board of directors effective Oct. 6.

  • Optimism abounds at Sears/Kmart

    Kmart eked out a positive third quarter same store sales increase, but parent company Sears Holdings still reported a $548 million loss while CEO Edward Lampert claimed customers are responding to transformation efforts.

  • Sears loss widens but beats estimates; doubles 2014 store closings

    Hoffman Estates, Ill. – Sears Holdings Corp. reported a third quarter fiscal 2014 net loss of $548 million, up from the $534 million loss it reported in the year-ago period but smaller than its previously estimated. Cost-cutting measures helped Sears reduce its net loss growth. The discounter also revealed that  it plans to close a total of 235 underperforming stores in 2014, which is nearly double the projection of 130 it made in August.  Sears said eliminating those stores should boost EBITDA by $50 million.  

  • Kmart campaign makes a difference for kids

    Shoppers at Kmart who are looking for that must-have toy this holiday season will be also able to help raise money to end childhood cancer and other diseases.

    Kmart has announced that beginning this Sunday through Dec. 13, the retailer will donate $1 to St. Jude Children’s Research Hospital for every purchase from its annual Fab 15 toy list, up to a maximum donation of $25,000.  

  • Analysis: Walmart had best return on Black Friday weekend ad spend

  • Lands’ End puts its stamp on holiday sales

    To celebrate the busiest monogramming season of the year, Lands’ End is launching #MonogramMonday.

  • Food Lion selling canned wine

    Wine with screw top lids was bad enough for purists, now retailers are filling their shelves with wine-based products package in cans.

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