Tag Archives: Sears Holdings

Sears Same-Store Sales Dive in Q4

Sears

HOFFMAN ESTATES, Ill.-Same-store sales for Sears Holdings were down 7.4 percent for the fourth quarter through Jan. 6, according to a preliminary statement about the quarter from the parent of Sears and Kmart. The falloff included a 9.2 percent drop in same-store sales from Sears domestic stores and a decrease of 5.7 percent from KmartMore »

Resolutions for 2014

Duke_Ratliff

By Duke Ratliff With holiday shopping (and selling) in the rearview mirror, home furnishings executives can now focus on the year ahead. Here are a few resolutions for the new year that notable individuals and institutions can make to make it a successful 2014. Walmart’s new leaders Doug McMillon and David Cheesewright should resolve toMore »

Sears Loss Grows in Q3

Sears

HOFFMAN ESTATES, Ill.-Declines in sales and a jump in promotional activity made the ink in Sears Holdings’ bottom line redder in its fiscal third quarter, ending on Nov. 2. The company posted a net loss of $534 million in the quarter, compared to a net loss of $498 million in last year’s third quarter. NetMore »

Q2 Net Falls 56.6 Percent for Sears Hometown & Outlet Stores

SearsHometownAndOutlet

HOFFMAN ESTATES, Ill.-Increased expenses offset a slight uptick in sales for Sears Hometown & Outlet Stores, resulting in a shortfall in net income of 56.6 percent, to $9.1 million. Selling, general and administrative expenses were up 5.5 percent in dollars and 68 basis points as a percentage of sales, to 19.9 percent. The retail companyMore »

Sears Holdings’ Loss Grows in Q2

Sears Holdings

HOFFMAN ESTATES, Ill.-In a second quarter in which the company’s revenues and gross margin continued to slide, Sears Holdings reported a net loss of $194 million, compared to its net loss of $132 million in last year’s second quarter. Total sales and merchandise services in the quarter, which ended on Aug. 3, were $8.9 billion,More »