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This holiday, Sears Holdings proudly partnered with the Marine Toys for Tots Foundation to bring joy to children in need. Marine Toys for Tots is a not-for-profit organization with a mission to collect and distribute new, unwrapped toys to children who otherwise might not receive anything during the Christmas season. Since 1947, the Marine Toys…
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For more than 100 years, the Kenmore brand has stood for innovation, quality and great value. That tradition continued this week, as a leading consumer publication recognized the brand with #1 ratings in four different refrigerator/freezer categories: Three-door bottom mount refrigerators Four-door bottom mount refrigerators Side-by-side refrigerators and Upright freezers In addition to a #1…
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Over the last several years, Sears Holdings has worked hard to transform our business.  While our plan is delivering for our members, our efforts to become a profitable and more competitive retailer have been impacted by a difficult retail environment, unsatisfactory operating performance, and legacy liabilities impacted by historically low interest rates. Today we have…
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Sears has been part of the fabric of the community of Oak Brook, Illinois for decades, since first opening its 250,000 sq. ft. store at Oakbrook Center in 1962. During that time, residents have adorned their kitchens with Kenmore appliances, maintained their lawns and gardens with Craftsman products and clothed their families with apparel from…
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Smiles. Laughter. Optimism. Hope. That’s what we took away from a recent visit to St. Jude Children’s Research Hospital in Memphis. Kmart hosted a “Christmas in July” event, at which about 75 children undergoing cancer treatment were joined by their siblings and parents to draw artwork for wrapping paper which will be sold this fall…
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According to a report by the World Economic Forum, if we continue to produce and fail to properly dispose of plastics, these materials will outweigh fish pound for pound in the ocean by the year 2050! On Friday, Sept. 14, in recognition of National Clean Up Day, SHC associates devoted their time and energy to pick…
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During the past few weeks, the Sears Holdings Enterprise Crisis Team has coordinated representatives from various areas of our business (such as Operations, Supply Chain, Risk Management, Human Resources, Safety/Security, and Inventory) on multiple conference calls to prepare our stores and associates for the hurricane season. In preparation for Hurricane Florence, stores were advised on…
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In connection with our most recent earnings release, I am taking this opportunity to provide Sears Holdings’ many stakeholders with our perspective on where we have been and where we go from here. The Company has been working hard to transform its business and unlock the value of its assets. This includes a paradigm shift…
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During the first half of 2018, Sears Holdings continued to seek opportunities to improve value and experience for our members through our integrated retail strategy and Shop Your Way membership program while also supporting our local communities. We believe our key priorities will help us to strengthen the company, improve financial performance, and better position…
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