April 13, 2015

In its latest move to capitalize on the value of its real estate and raise more cash, Sears Holdings Corp. has formed a joint venture with Simon Property Group whereby Simon will take ownership of 10 Sears stores in Simon malls and lease them back to Sears, who will continue operating Sears stores in the venture.

April 7, 2015

The U.S. Environmental Protection Agency (EPA) has recognized Sears Holdings Corp. with a 2015 Energy Star Partner of the Year – Sustained Excellence Award.

April 1, 2015

Sears Holdings Corp. continues to tap into its vast real estate portfolio to shore up its finances. In a move that was widely expected, the retailer on Wednesday said that it is forming a real estate investment trust.

March 19, 2015

Sears Holding Corp. expects to form a real estate investment trust (REIT) within a few months and sees nothing wrong with paying vendors early.

March 13, 2015

Increased selling, general and administrative (SG&A) expenses helped swing Sears Hometown & Outlet Stores Inc. to a net loss in a generally tough fourth quarter of fiscal 2014.

March 11, 2015

Sears Canada Inc. has entered into a definitive agreement with Concord Pacific Group of Companies to sell and lease back three of its properties for $140 million.

February 26, 2015

Sears Holdings Co. on Thursday reported its 11th consecutive quarterly loss, posting a loss of $159 million for the fourth quarter, down from loss of $358 in the year-ago period, amid cost reductions.

February 25, 2015

Sears Canada Inc. swung from profit to loss in a dismal fourth quarter of fiscal 2014.

February 9, 2015

The Finish Line announced that Imran Jooma has joined the company as chief omnichannel officer and executive VP.

February 2, 2015

As part of a 2014 announcement in which Sears Holdings Corp. said it had entered into lease agreements with European fashion retailer Primark for seven standalone stores in the Northeastern United States, the retailer said that two of these seven locations will be at Danbury Fair in Danbury, Connecticut; and Freehold Raceway Mall in Freehold, New Jersey.

January 28, 2015

In its ongoing efforts to reduce costs, Sears Holding Corp. is cutting jobs.

January 28, 2015

A pair of veteran retailers were among the most popular store sites on Facebook during the 2014 holiday season.

January 27, 2015

Overall holiday shopping season sales numbers have been rolling in, and the news confirms what many retail real estate analysts (including myself) suspected: 2014 holiday sales were strong. Nothing earth-shattering — but plenty good enough to chalk this one up as a win.

January 27, 2015

Overall holiday shopping season sales numbers have been rolling in, and the news confirms what many retail real estate analysts (including myself) suspected: 2014 holiday sales were strong. Nothing earth-shattering — but plenty good enough to chalk this one up as a win.

January 26, 2015

The board of directors of Sears Canada Inc. has named Ronald D. Boire as president and CEO.

January 22, 2015

Sears Holdings has a new leader for its Kmart pharmacy division. The company announced that it has hired Phil Keough as senior VP and president, pharmacy.

January 20, 2015

Sears Canada is reaching out to Target’s Canadian employees.

December 30, 2014

Enabling shoppers to buy an item online and pick it up in a local store (BOPIS) is supposed to be a means of offering additional customer convenience.

December 29, 2014

 Imran Joona, executive VP of online, marketing, pricing and financial services at Sears Holding Corp., is leaving the company. 

December 19, 2014

With 2014 almost over, the looming question on everyone’s mind, of course, is whether holiday sales managed to live up to the (mostly) positive holiday forecasts from analysts and retail organizations. 

December 18, 2014

Consumers who haven’t started their holiday shopping yet have a friend in Sears. Sears, Roebuck & Co. will offer multiple sales events starting on Dec. 19, and announced Dec. 22 as the last day to order online and receive by Christmas. 

December 4, 2014

Sears Holdings Corp. reported a third quarter fiscal 2014 net loss of $548 million, up from the $534 million loss it reported in the year-ago period but smaller than its previously estimated. 

November 24, 2014

Fitch expects U.S. sales growth to modestly improve in the coming holiday season, with retail sales (excluding auto) expected to grow at 3%-4% in November/December versus 2.8% year to date.

November 18, 2014

The bad news continued for Sears Canada Inc. during the third quarter of fiscal 2014, which reported a net loss of $118.7 million, significantly larger than the $48.8 million net loss reported the same period a year earlier.