Content about Sears Holdings

October 23, 2014

A report in Seeking Alpha Thursday revealed that Sears Holdings was planning on laying off at least 5,457 workers before the holidays, as well as closing more than 100 stores.

Sears spokesman Howard Riefs did not respond to Seeking Alpha's request for comment, though his name was on the bottom of the liquidation sale notices obtained by local media.

October 20, 2014

Sears Holdings (SHLD) jumped a whopping 23.06% Monday after the company announced two additional measures to gin up liquidity.

October 15, 2014

The Kenmore Elite brand has nabbed the top spot on J.D. Power's 2014 Laundry Appliance Satisfaction Study and the J.D. Power 2014 Kitchen Appliance Satisfaction Study.

Kenmore Elite scored an 816 out of 1,000, ranking highest among all other top-load washers. It ranked best for its performance and reliability, features and warranty.

October 15, 2014

Ronald D. Boire is moving from Sears Holdings in the United States to the top spot at Sears Canada.

Boire will be acting president and CEO of Sears Canada, effective immediately. He was most recently executive VP, chief merchandising officer and president, Sears and Kmart Formats. 

October 13, 2014

Sears Holdings (SHLD) took a 5.99% dip on Friday, though Eagle Materials (EXP) was close behind at a decrease of 5.92%.

October 8, 2014

Sears Holdings had an eventful day Wednesday after Bloomberg News reported that at least one of its vendors had canceled shipments to the retailer, citing anonymous sources close to the situation.

October 2, 2014

Thursday brought more positive news for the HCN Top 30 stocks, especially the embattled Sears Holdings, which recovered 7.47% of its share value.

September 22, 2014

Law firms are swarming around Sears Holdings regarding the short-term loan it recently secured from CEO Edward Lampert's hedge fund.

According to the law firms, Lampert's significant stake in Sears Holdings could potentially undermine the legitimacy of the loan, which is secured by 25 undisclosed Sears properties that Lampert could swap out at will.

September 18, 2014

Sears Holdings (SHLD) continued bleeding share value on Thursday in the wake of its announcement that it was borrowing money from CEO Edward Lampert.

September 16, 2014

Sears Holdings (SHLD) dropped 9.40% on Tuesday after filing for a $400 million loan from CEO Edward Lampert's hedge fund.

September 16, 2014

The embattled Sears Holdings is taking all the help it can get, even if that means reaching into the pockets of its CEO, Edward Lampert.

According to an SEC filing submitted on Monday, the retailer is securing a $400 million loan from ESL Investments, Lampert's hedge fund, which will be used for as-of-yet unspecified purposes.

Lampert -- and by extension, ESL Investments -- currently stands as Sears Holdings' biggest shareholder. However, ESL lowered its stake in Sears less than a year ago due to pressure from wary investors.

August 27, 2014

The ever-volatile Sears Holdings stock (SHLD) was ahead of the game on Tuesday, rising 3.71% to a share price of $34.67.

August 21, 2014

Sears Holdings (SHLD) took a turn for the worse on Thursday after posting its quarterly earnings earlier this morning, which pointed to bleeding revenues and profits.

August 21, 2014

Among the decisions facing Sears Holdings is what to do with its 51% stake of Sears Canada.

Rob Schriesheim, Sears Holdings' chief financial officer, addressed that question and others as part of the company's second-quarter earnings report.

August 15, 2014

Freight transportation provider Hub Group is the recipient of Sears Holdings’ Partners in Transformation award, the Oak Brook, Illinois-based company announced Friday.

"Hub Group has been a proud transportation provider for Sears Holdings since 1990," Hub Group chairman and CEO David P. Yeager said. "It is an honor to receive this award and it has been a pleasure to watch our relationship grow steadily from hard work and dedication on both sides."

July 21, 2014

Stocks were up across the board at Friday's close, most notably Sears Holdings (SHLD), Builders FirstSource (BLDR) and Simpson (SSD).

July 8, 2014

Sears Holdings has hired Kristin Coleman as SVP, general counsel and corporate secretary, where she will oversee the Legal, Corporate Communications, Environmental Services, Global Compliance, Government Affairs, Internal Audit and Product Safety business units.

"I am pleased Kristin is joining our leadership team. She is a proven leader with experience managing legal, compliance and corporate governance issues," said Edward Lampert, Sears Holdings chairman and CEO.

July 8, 2014

Shop Your Way members at Sears and Kmart will now have 2,000 more store locations from which to elect Free Store Pickup services.

Using the integrated shopping option, customers can pick up their online orders at their choice of over 2,000 locations nationwide, ready in five minutes or less. This is especially convenient for customers who wish to buy Kmart supplies, but live substantially closer to a Sears location.

The service also makes it possible to obtain free pickup for exclusive brands like Bongo and Outdoor Life.

June 2, 2014

Sears is turning its focus on connected home products through the rollout of its new Connected Solutions Shops, which present home automation technologies in a hands-on, immersive format to Shop Your Way customers.

Citing the hundreds of billions in sales projected to be made by the connected home industry in the next five years, Sears made its case for positioning itself as a leading purveyor of smart home innovations.

May 29, 2014

The ever-volatile Sears Holdings stock swung up 7.61% on Thursday, commanding the attention yet again in recent months of extreme highs and lows.

May 29, 2014

Earnings season for the 30 companies tracked by the HCN Stock Watch ended last week with the quarterly reports from Sears Holdings (not good) and Toro Company (not bad). 

May 27, 2014

Sears Hometown (SHOS) led the pack by a margin of 4.80% on Friday, boosting its share price to $22.25. Its distant cousin, Sears Holdings (SHLD), didn't fare as well.

May 22, 2014

Hoffman Estates, Illinois-based Sears Holdings chairman and CEO Edward Lampert beat the drum of “transformation,” as the retailer posted another quarter of declines in consolidated sales and earnings.

The good news: Online and multichannel sales grew 26% over the same quarter last year. And Sears Domestic comp-store sales grew 0.2%.

May 22, 2014

SHLD (Sears Holdings) led the pack, jumping ahead 4.21% on Thursday despite reporting early this morning that its loss widened last quarter.

May 21, 2014

On a day when bulls beat the bears, both Sears Holdings (SHLD) and Sears Hometown (SHOS) closed Wednesday down more than 3%.