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Tag: sears

Retail Roundup—Barnes & Noble fires CEO; Yet another list of closures for Sears

Walmart cheaper online than Target According to research conducted by Clark Howard, Walmart beats out Target for lower online prices. The data looked at 30 branded items, and the total at Walmart came to just over $588. Target’s total was just over $593, a less than 1% price variance. (Star Tribune) Barnes & Noble fires CEO …

Retail Roundup—Barnes & Noble fires CEO; Yet another list of closures for SearsRead More

Retail Roundup—Barnes & Noble fires CEO; Yet another list of closures for Sears

Walmart cheaper online than Target According to research conducted by Clark Howard, Walmart beats out Target for lower online prices. The data looked at 30 branded items, and the total at Walmart came to just over $588. Target’s total was just over $593, a less than 1% price variance. (Star Tribune) Barnes & Noble fires CEO …

Retail Roundup—Barnes & Noble fires CEO; Yet another list of closures for SearsRead More

Sears legal dispute ends in $18 million settlement

Get great content like this right in your inbox. Subscribe The current and former owner of Sears have settled a lawsuit that has been dragging on for months. The estate of Sears Holdings Corp. and new owners Transform Holdco were in disagreement over certain terms of the sale of the assets of the Sears and …

Sears legal dispute ends in $18 million settlementRead More

Sears legal dispute ends in $18 million settlement

Get great content like this right in your inbox. Subscribe The current and former owner of Sears have settled a lawsuit that has been dragging on for months. The estate of Sears Holdings Corp. and new owners Transform Holdco were in disagreement over certain terms of the sale of the assets of the Sears and …

Sears legal dispute ends in $18 million settlementRead More

Westfield Topanga to turn old Sears into an entertainment district

Get great content like this right in your inbox. Subscribe The planned new grand entrance at Westfield Topanga in Canoga Park, Calif. One of Unibail-Rodamco-Westfield’s signature California properties will be getting a new grand entrance and a chef-driven food hall where its Sears store once stood. Westfield Topanga & The Village will begin renovation of …

Westfield Topanga to turn old Sears into an entertainment districtRead More

Westfield Topanga to turn old Sears into an entertainment district

Get great content like this right in your inbox. Subscribe The planned new grand entrance at Westfield Topanga in Canoga Park, Calif. One of Unibail-Rodamco-Westfield’s signature California properties will be getting a new grand entrance and a chef-driven food hall where its Sears store once stood. Westfield Topanga & The Village will begin renovation of …

Westfield Topanga to turn old Sears into an entertainment districtRead More

Advance Auto Parts to buy DieHard brand from Sears for $200 million

Advance Auto Parts is acquiring Sears’ DieHard brand, known for its car batteries, for $200 million in cash, CNBC has learned. Under a supply agreement, Sears and Kmart owner Transformco will still have the rights to sell some DieHard items in Sears stores, Advance Chief Executive Officer Tom Greco told CNBC in a phone interview. …

Advance Auto Parts to buy DieHard brand from Sears for $200 millionRead More

Sears, Walgreens among retailers that closed stores in 2019

Micah Young | E+ | Getty Images 2019 has been a record year for store closures in retail. In the U.S., retailers this year have announced plans to shut more than 9,300 locations. That’s up more than 50% from the total announced closures in 2018, which amounted to 5,844, Coresight said. Previously, the record was …

Sears, Walgreens among retailers that closed stores in 2019Read More

More reported layoffs at Sears HQ

Get great content like this right in your inbox. Subscribe Sears’ store footprint isn’t the only thing that’s shrinking. “Hundreds” of corporate staffers have been laid off at Sears’ headquarters in Hoffman Estates, Ill., and a field office in San Francisco, reported Business Insider. The total number of laid-off employees is fewer than 300, according …

More reported layoffs at Sears HQRead More

Sears owner gets $250 million lifeline, to shut another 96 stores

A customer enters a Sears Holdings Corp. store in San Bruno, California, U.S., on Friday, Dec. 28, 2018. David Paul Morris | Bloomberg | Getty Images As the holiday season approaches, the parent company of Sears and Kmart has secured a $250 million lifeline and announced plans on Thursday to shut 96 more stores. That …

Sears owner gets $250 million lifeline, to shut another 96 storesRead More