Content about Bruce Johnson

September 9, 2014

Sears Hometown and Outlet Stores reported a 2.8% drop in revenue during the second quarter of 2014, sluggish results that president and CEO Bruce Johnson attributed to a highly promotional sales environment among competitors.

June 6, 2014

Sears Hometown and Outlet Stores net sales dipped 1.9% to $589.9 million for the 13-week period ended May 3.

Net income also failed to impress, dropping from approximately $15.0 million in 2013 to $3.68 million in 2014.

Like many others this quarter, president and CEO Bruce Johnson attributed the weak performance to the weather, as well as insufficient stock of high-margin appliances and a competitive retail market that was aggressively promotional.

March 17, 2014

Sears Hometown and Outlet Stores reported discouraging preliminary figures for its fourth quarter and full year ended Feb. 1, 2014.

Bruce Johnson, president and CEO, acknowledged that the results were disappointing, most notably in the Hometown and Hardware segment, where weaker-than-expected holiday sales had an impact. Additionally, severe winter weather did not help the company's cause, he added.

July 24, 2012

Sears Holdings Corp. said that former interim CEO Bruce Johnson will serve as president and CEO of Sears Hometown and Outlet Stores once the unit is spun off from the retailer.

Johnson served as interim CEO of Sears Holdings from 2008 to early 2011.

Last February, Sears Holdings announced it would spin off its Sears Hometown and Outlet businesses in an effort to raise an expected $400 million to $500 million.

February 3, 2011

Sears Holdings appointed Scott Freidheim, a former Lehman Brothers executive, to the position of executive VP, president - Kenmore, Craftsman and DieHard.

The move was described by Sears as "part of the continuing transformation of the company." 

"Scott is a strong leader who will heighten our focus on our Kenmore, Craftsman and Diehard brands," said Bruce Johnson, interim CEO and president of Sears Holdings. "I believe he will be a tremendous asset to this business as we drive new ideas forward."

October 14, 2007

Do it Best highlighted several categories -- including paint and sundries, outdoor living and green...