February 25, 2016 To Our Shareholders, Associates and Members: 2015 has proven to be the year where the impact of the changes I have described to you in the past, has spread more broadly to retailers that had previously proven to be relatively immune to such shifts. Walmart, Nordstrom, Macy’s, Staples, Whole Foods and many others have felt the impact of disruptive changes from online competition and new business models … Continue Reading »
Archives for February 2016
Infographic: Progress on Our Transformation
Sears Holdings continues to pursue efforts to restore the company to profitability. The strategy is represented by our framework for profit, which we have discussed in recent quarterly financial updates. The following illustration provides an at-a-glance view of the opportunities we are focused on and how we are executing against each … Continue Reading »
Sears Holdings Provides Fourth Quarter Financial Update
We Remain Committed to Returning the Company to Profitability Sears Holdings today reported an update on our estimated fourth quarter 2015 results. While our performance was not where we wanted it to be, we are committed to taking the steps necessary to return the company to profitability … Continue Reading »
Behind-the-Scenes of the “Superstore” Pilot
“Attention Kmart Shoppers” are three words that typically come to mind when you think of Kmart but for one Kmart store, three new words were recently heard down the aisles…lights, camera, action! … Continue Reading »
How to Throw the Ultimate Game Day Party
The countdown is on! With only a few days left before the big game, you still have time to throw the ultimate game day party. Kmart and Sears are your one-stop shops – from gear to grub – to ensure your party wins big, no matter the outcome of the game … Continue Reading »