Tag Archives: Sears

AHAM Unveils Sustainability Standard for Small Appliances, Floor-Care Products

AHAM

WASHINGTON-The Association of Home Appliance Manufacturers (AHAM), in partnership with CSA Group and UL Environment, has released a sustainability standard for small appliances and floor-care products. Titled “AHAM 7002-2014/CSA SPE-7002-14/UL 7002, Sustainability Standard for Household Portable and Floor Care Appliances,” the new standard is the first voluntary standard for these appliances, according to an AHAMMore »

Last updated: August 27, 2014

Sears’ Red Ink Grows in Q2

Sears Holdings

HOFFMAN ESTATES, Ill.-Sears Holdings reported a net loss of $573 million in its fiscal second quarter, compared to a net loss of $194 million in the second quarter of last year. Edward Lampert, the company’s chairman and CEO, termed the bottom-line performance “unacceptable” and said the company is taking steps to address the results. “ThisMore »

Last updated: August 21, 2014

Sears Slims Q4 Loss; Fiscal-Year Loss Increases

Sears

HOFFMAN ESTATES, Ill.-Sears Holdings said its fourth-quarter net loss fell from $489 million last year to $358 million in this year’s quarter. Meanwhile, the company’s net loss for the fiscal year ending on Feb. 1 rose from $930 million to $1.4 billion. Edward Lampert, Sears Holdings’ chairman and CEO, said the company’s results continue toMore »

Last updated: February 27, 2014

New CEO at EveryWare Global

Sam Solomon

LANCASTER, Ohio–EveryWare Global has appointed Sam Solomon to serve as interim CEO, effective immediately. Solomon succeeds John Sheppard, who left the company Feb. 24. A statement from EveryWare Global did not provide any details on Sheppard’s future plans. Solomon joins EveryWare, whose brands include Anchor Hocking and Oneida, with more than 20 years of leadershipMore »

Last updated: February 25, 2014

(Selling) Home for the Holidays

Duke_Ratliff

If the consumer press was any indication, the universe almost ended. More precisely, the civilized world as we know it could have come to a crashing halt on Thanksgiving Day. That’s when the Scrooge-like retailers such as … well, pretty much every single retailer of note—opened for business. Macy’s suffered an unfair share of theMore »

Last updated: December 20, 2013

Sears, Kmart Slate Early Black Fridays

Sears Kmart

HOFFMAN ESTATES, Ill.-Sears and Kmart will move Black Friday to Nov. 22, one week earlier than when the traditional Black Friday will fall. The event will be a presale exclusively for the two retailers’ Shop Your Way members. The program’s members will be able to shop more than 1,000 Black Friday doorbusters at sears.com beginningMore »

Last updated: November 15, 2013

A Lesson in Retail

Michael Gould

Last week brought the announcement that Michael Gould will step down as head of Bloomingdale’s this coming February. Gould is preparing to leave the scene at a time when the business world is wondering whether two other iconic retailers, J.C. Penney and Sears, will survive. The two chains have taken different routes to get toMore »

Last updated: November 4, 2013

JCP, Sears, QVC Drop Paula Deen Products

Paula Deen from Today Show interview

NEW YORK-J.C. Penney, Sears Holdings (parent of Sears and Kmart) and QVC have all discontinued Paula Deen-branded merchandise, in the wake of the controversy over racial slurs Deen admitted to using some time ago. Brief statements from J.C. Penney and Sears Holdings representatives to HFN confirmed that the two retail companies have ended their relationshipsMore »

Last updated: July 1, 2013