Home Tags Sears

Tag: Sears

Sears Holdings laid off 200 corporate employees in June.

Sears lays off 200 corporate workers as sales tumble

Sears laid off 200 corporate employees in June, the company told Business Insider on Wednesday. In a memo to employees dated June 26, Sears CEO Eddie Lampert said the cuts were part of an effort to streamline operations and return the company to profitability.
Toys R Us announced in March that it would close or sell all 735 of its stores in the United States.

These haunting photos of the retail apocalypse reveal a new normal in America

A retail apocalypse is ripping through America, leaving clearance sales and empty malls in its wake. More than 3,8000 stores are set to close across the US in 2018, leaving malls emptier than they have been since 2012.
Sears stores are now featuring handwritten signs.

Sears debuts handwritten signs in stores in an apparent effort to slash costs

Sears stores have introduced handwritten pricing signs. At a Sears location in Virginia, the signs are giving customers the impression that the store is closing and holding a liquidation sale, even though the store has no plans to close, an employee told Business Insider.

Sears is closing 78 stores as sales tumble. Here’s the full list.

Sears said Friday it would close another 10 stores, after announcing in the last month that it would close 68 stores by September. The company said that closing sales would begin by in July and that the stores would close permanently in September.
Amazon is famous for its aggressive growth.

Amazon is threatening these 10 industries

When Amazon flexes its muscles in a new industry, businesses start shaking in the knees. These are the 10 industries that have felt the impact of Amazon's aggressive expansion.
Sears had display cases advertising products sold at the new Kmart.

A Kmart store just opened inside a Sears in Brooklyn, but there’s a major downside to shopping there

Sears is testing out new initiatives to turn its business around. Last weekend, a Kmart opened inside of a Sears store in Brooklyn, New York, in an effort to become more of a one-stop shop.

Sears’ prices are going up during a liquidation sale — and it’s a common practice at closing stores across the US

Sears' prices increased — in one case by as much as nearly $400 — during a liquidation sale for one its closing stores. "Pricing is determined by the liquidator of the store, which is true for any retailer closing a store," a Sears spokesman told Business Insider.
Sears' electronics section was underwhelming.

We went shopping for electronics at Best Buy and Sears, and it’s clear which store does it better

Sears is changing the focus of its electronics department to be similar to what Best Buy sells. We shopped for electronics at Sears and Best Buy to see how the stores compared, and it was clear which one does it better.
The first phase of the $10 million renovation is underway with a new first-floor womenswear department.

This 80-year-old department store is thriving while Macy’s, JCPenney, and Sears close locations

Boyds is an upscale department store in downtown Philadelphia that has been around since 1938. A focus on customer experience has helped it thrive while other retailers have closed locations.
Sears is closing and selling stores.

Sears is closing 40 stores in 24 states — here’s the list

Sears is closing at least 40 stores, including 31 Sears stores and nine Kmart stores. The closing stores span 24 states including Arizona, California, Florida, Missouri, Ohio, and Minnesota. Most of the stores will close in July and August.