Sears Plans to Close 72 More Underperforming Stores
Sears Holdings will soon close 72 more stores, saying it had identified a total of 100 unprofitable locations. Here is how Sears performed during the first quarter of 2018.
Sears Holdings will soon close 72 more stores, saying it had identified a total of 100 unprofitable locations. Here is how Sears performed during the first quarter of 2018.
Sears, American Girl, iHerb and FedEx are among the companies making changes to their distribution network in Multichannel Merchant’s latest distribution center roundup.
Sears Holdings told employees it plans to close more than 100 stores this year, including 64 Kmart locations and 39 Sears stores, most likely between March and April. Liquidation sales in affected stores will begin this month. See what Sears told employees about the closures.
Sears Holdings reported that total revenues for the third quarter were $3.7 billion, compared to $5 billion in the same quarter last year, representing a decrease of $1.4 billion. Here are some other results and what it means for the company.
It’s not looking so good for Sears Holdings, as it plans to shutter 63 more stores after the holiday season. See what the company had to say about these store closures.
Sears is cutting ties with Whirlpool products including Maytag and KitchenAid appliances, following a pricing dispute. Here are some highlights of the dispute between the two companies.
Imagine you’re the CEO of an iconic American retail company. On paper, you have an easy job: turn a profit in an eight-year bull market armed with a brand everyone already knows and loves. Here are five things retailers can do to take a smarter approach to online commerce and customers.