Tag Archives: Shop Your Way

Sears Names James to Head Kmart

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HOFFMAN ESTATES, Ill.-Alasdair James has been appointed president and chief member officer of Kmart by the mass retailer’s parent, Sears Holdings. In his new role, James oversees the Kmart operation, including the driving of the format strategy, managing profit and loss and “aligning merchandise, marketing, pricing and selling with the needs and wants of ShopMore »

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 »

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 »

Sears, Kmart Slate Early Black Fridays

Sears Kmart

HOFFMAN ESTATES, Ill.-Sears and Kmart will move Black Friday to Nov. 22, one week earlier than when the traditional Black Friday will fall. The event will be a presale exclusively for the two retailers’ Shop Your Way members. The program’s members will be able to shop more than 1,000 Black Friday doorbusters at sears.com beginningMore »