sears

Retail
Sears Closing Another 43 Stores

As Sears Holdings continues its “transformation,” the retailer will close another 43 locations as the company “continues to focus on our best stores and return to profitability,” said Eddie Lampert, chairman and CEO of the retailer.

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.

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.

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