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Transform SR Brands LLC

  • Sears Holdings launches new fashion and lifestyle unit

    HOFFMAN ESTATES, Ill. — Sears Holdings has launched a new business unit that will focus on the development of entertainment-driven fashion and lifestyle brands. The unit, called Shop Your Way brands, will be lead by Bernt Ullmann and his team from Star Branding, whose partners include Tommy Hilfiger, Andy Hilfiger, and Joe Lamastra.

  • ECRM: Retail circular advertising trends, March 2013

    ECRM compared retail circular advertising in March 2012 vs. March 2013 and noticed some common overall trends across top retail chains. Surprisingly the total number of pages per circular increased across the majority of retailers included in the study which shows that retailers are still focused heavily on their print circulars.

  • MC Sports to open at Ohio Valley Mall

    St. Clairsville, Ohio -- Youngstown, Ohio-based Cafaro Co. said Wednesday that MC Sports will debut in the area with a new store at Cafaro’s Ohio Valley Mall, in St. Clairsville, Ohio, in July.

    The new store will be located next to Sears, occupying nearly 23,000 sq. ft. of retail space.

     

  • Francesca’s opens at Exton Square Mall, Teavana on deck

    Exton, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT) said Tuesday that Francesca’s Collections has opened at its Exton Square Mall property, in Exton, Pa.

    The arrival of the 1,300-sq.-ft. Francesca’s store will soon be joined by Teavana, which is set to open a 1,000-sq.-ft. store this summer.

  • Sears former CEO D’Ambrosio saw pay shrink almost 90% in 2012

    Hoffman Estates, Ill. -- An SEC filing on Thursday revealed that Sears Holdings Corp. former CEO Louis D’Ambrosio, who stepped down in February citing family health issues, saw his total compensation package shrink nearly 90% from the prior year.

    According to the proxy statement filed with the Securities and Exchange Commission, Sears said D’Ambrosio's salary rose to $1 million in 2012 from $930,769 in 2011. However, the value of his perks, such as corporate housing and travel, shrank to $278,741 from $852,037 in 2011.
     

  • Former RadioShack chief joins Sears Outlets board

    HOFFMAN ESTATES, Ill. — Sears Hometown and Outlet Stores has elected James Gooch to its board of directors and as chair of the audit committee of the board of directors.

  • Mid-America signs 68,000+ sq. ft. of home furnishings stores in Illinois

    Oakbrook Terrace, Ill. -- Mid-America Asset Management said it has signed three furniture/home décor stores to retail locations in Chicago’s suburbs of Oak Brook and McHenry as well as downstate in Bloomington, Ill.

    Ashley Furniture signed a lease for 31,573 sq. ft. at Colonial Plaza in Bloomington, Ill., with plans to open in spring 2013. Ashley Furniture will co-anchor the 236,460-sq.-ft. center along with Kmart and OfficeMax.

  • Kmart celebrates 30 years of March of Dimes support

    HOFFMAN ESTATES, Ill. — Kmart has launched its 30th annual fundraising campaign to benefit the March of Dimes. Donors can contribute in-store at any Kmart and online via a link at kmart.com/marchofdimes. M

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