Sears

As part of ongoing efforts to streamline the company's operations and focus on our Best Stores, Sears has identified approximately 100 non-profitable stores, 72 of which will begin store closing sales in the near future. "We continue to evaluate our...

Sears Holdings on Wednesday laid off 220 employees primarily at the company's corporate headquarters in Hoffman Estates, Illinois, effective immediately. The layoffs are part of an ongoing restructuring effort at Sears, and they follow rounds of cuts in March and...

Sears is closing another 103 stores, on top of the 63 stores closing at the end of this month, the company said Thursday. That consists of 64 Kmart stores and 39 Sears stores, all of which are expected to shut...

US retail icon Sears Holdings Corp said on Tuesday it would cut 400 full-time jobs at its headquarters in Illinois as part of its plan to save more than $1 billion in costs annually. The cuts will primarily affect workers...

US retailers Sears and Kmart's websites no longer sell products from the Trump Home line, which is owned by the Trump Organisation, a Business Insider report said. As of Friday, a search for Trump Home items on both retailers' websites...

According to Credit Suisse analysts led by Eugene Klerk, with a current market cap of $390 billion, Amazon is now worth more than the top eight traditional brick-and-mortar retailers combined. The note by the analysts' goes on to say that the Seattle-based retail...

Retail store brands Sears and Kmart announced their latest round of store closures on Tuesday, as accounted by Business Insider. Sears and Kmart will be closing 30 more stores in 2017 as the two retailers watch sales and revenue continue...

New research by Morningstar shows that there is no end in sight for the shopping mall crisis in the US. The research report says that hundreds of shopping malls have shut down over the last several years amid a pullback in consumer...

Big Box Stores Getting Smaller Despite the fact that retailers internationally are working hard to adjust to a more digital consumer - by either shutting their under-performing stores or coming up with a new retail strategies - department stores do...