Sears to Cut 400 Jobs
Sears Holdings Inc. announced it would cut 400 jobs in its corporate offices. See what Sears Holdings Inc. executives had to say about the plan.
Sears Holdings Inc. announced it would cut 400 jobs in its corporate offices. See what Sears Holdings Inc. executives had to say about the plan.
As sea changes continue to roil retail, including the steady drumbeat of store closings and poor results, key points for every multichannel seller to consider in 2017 and beyond include going omnichannel, right-sizing store footprints and having unique product offerings.
Ending years of speculation, Sears Holdings will sell its popular Craftsman brand to Stanley Black & Decker for an estimated $900 million. It is also closing 108 Kmart and 42 Sears locations, while getting $150 million in loan guarantees from its CEO. So what’s in store for its other popular brand – Kenmore appliances – as the retail business continues to decline rapidly?
Weird is good, if you’re Weird Al or if you want to Keep Portland Weird. But if you’re embattled general merchant Sears Holdings, weird is not good. Sears Holdings might be having the weirdest week ever. Here’s 5 reasons why.
Looking to play to a core category strength, Sears Holdings announced plans to open a pilot standalone appliance store in Fort Collins, CO on May 19. If the concept is a success, it would quickly be rolled out in other markets.
ChannelAdvisor announced that PerformanceParts.com is using ChannelAdvisor Marketplaces to connect online consumers with its automotive performance parts and truck accessories on Amazon, eBay Motors, Newegg and Sears.
Pickup app Curbside has expanded to New York and Los Angeles, and is testing an updated pickup location with color-coded lights to signal shoppers.
Sears Holding Corp. showed a rare profit in Q2 thanks to property sales, while overall sales declined by 27.3%; comp sales were down at Sears and Kmart.
Amazon saw “skyrocketing” sales of Confederate flags after other retailers decided to stop selling them, spiking an amazing 3,000% in 24 hours.
Data-driven, real-time marketing is a thing of beauty for retailers – but sometimes the technology can be too smart for its own good, as happened to Sears.