sears

Retail
Sears Canada Files For Bankruptcy

After recently reporting another deep loss in its first quarter, troubled Sears Canada has filed for bankruptcy protection and is closing some stores and reducing its workforce as it attempts to restructure.

Retail
eBay Launches Price Match Initiative

With online retail competition becoming ever sharper, eBay is making a move to grab the attention of digital shoppers with a price match guarantee.

Financials
Sears Comps Sink In Q1

Sears and Kmart comps continued to plunge in the first quarter, although Sears Holdings did post a profit based on its cost cutting and restructuring efforts.

Retail
Pier 1 Appoints New CEO

After conducting an executive search, Pier 1 Imports’ board of directors has appointed former Kmart executive Alasdair James president and CEO effective May 1.

Retail
Sears Holdings Casts Doubt On Its Future

With the future of Sears and Kmart a hot topic of conversation among housewares vendors and others throughout the retail community, the parent company of the two venerable retailers is casting doubt on their future.

Retail
With Sales Sliding, Sears Asserts Survival Plan

Sears Holdings Corp. has undertaken a restructuring program targeted to deliver at least $1 billion in annualized cost savings in 2017, which includes cost reductions from the previously announced closure of 108 Kmart and 42 Sears stores.

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