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May 30, 2008
Sears suffers dismal quarter of poor sales
...operations, as its 3,900 Kmart and Sears, Roebuck stores struggle to win a share of...increasingly cost-conscious US consumer. Sales at Sears department stores open at least a...operational costs - declined as the company cut prices to dispose of excess inventory...worst within the home appliance, lawn and garden, and clothing categories...since the departure of Aylwin Lewis in January, said that sales declines...Sears and Kmart have launched new marketing and merchandising initiatives in recent... By Jonathan Birchall in New York
May 30, 2008
Sears suffers dismal quarter of poor sales
...operations, as its 3,900 Kmart and Sears, Roebuck stores struggle to win a share of...increasingly cost-conscious US consumer. Sales at Sears department stores open at least a...operational costs - declined as the company cut prices to dispose of excess inventory...worst within the home appliance, lawn and garden, and clothing categories...since the departure of Aylwin Lewis in January, said sales declines had...Sears and Kmart have launched new marketing and merchandising initiatives in recent... By Jonathan Birchall in New York
April 13, 2006
Lampert focuses on Sears brand
...hours of questioning at the merged company's first annual meeting. His relaxed...disgruntled investors that marked the final Sears Roebuck meeting before the merger last year. Mr Lampert and Aylwin Lewis, chief executive, faced...his strategic vision of where the company would be in five years, and expressed concern about falling sales at the Sears brand department stores. He responded...say that Sears has a plan where we're going to remodel 100 stores this year... By Jonathan Birchall in Hoffman Estates
May 30, 2008
Sears reports dismal earnings
...operations, as its 3,900 Kmart and Sears Roebuck stores struggle to win a share of...increasingly cost-conscious US consumer. Sales at Sears department stores open for at least...operational costs - declined as the company cut prices to dispose of excess inventory...worst within the home appliance, lawn and garden, and clothing categories...since the departure of Aylwin Lewis in January, said sales declines had...Both Sears and Kmart have launched marketing and merchandising initiatives in recent... By Jonathan Birchall in New York
October 5, 2007
Ackman stake could spark clash at Sears
...that he had bought about 5m shares in Sears - roughly 3 per cent of the company. The activist investor blocked a bid last year by Sears Holdings to take full control of Sears...reportedly indicated that he had confidence in Mr Lampert's management and said he had no plans to use his stake...around itsbrands: Craftsman power tools, Kenmore appliances and Lands' End...brought out of bankruptcy, bought Sears Roebuck, the US department store chain...high of $195 in May, in spite of sales falling at both Kmart and Sears stores...It has responded with a move to re-evaluate its credit card operations... By Jonathan Birchall in New York
October 5, 2007
Ackman sets sights on Sears
...that he had bought about 5m shares in Sears - roughly 3 per cent of the company. The activist investor blocked a bid last year by Sears Holdings to take full control of Sears...reportedly indicated that he had confidence in Mr Lampert's management and said he had no plans to use his stake...around its brands: Craftsman power tools, Kenmore appliances and Lands' End...brought out of bankruptcy, bought Sears Roebuck, the US department store chain...high of $195 in May, in spite of sales falling at both Kmart and Sears stores...It has responded with a move to re-evaluate its credit card operations... By Jonathan Birchall in New York
February 9, 2005
Sears seeks growth with new format
Sears Roebuck, the depart-ment...merger with Kmart. Sears said it would open...mid-sized stores in the spring, offering a range of the company's traditional appliances, power tools and apparel, together...aggressive growth initiative in company history". The company...countering falling sales at Sears' 870 stores in traditional...of opportunities to re-engineer the business... By Jonathan Birchall in New York
March 13, 2006
Sears’ investors await letter from Eddie
Investors in Sears Holdings, the third...the chairman, as the company created by the $12bn merger of Kmart and Sears Roebuck delivers its first full year results. With Sears’ shares down over...turnaround investor and chairman, will have plenty to write about in the quarterly missive...and Crafstman power tools. Sears, the department...But same-store sales at Sears stores fell...December, with the company citing price cutting... By Jonathan Birchall in New York
November 28, 2009
The fall of the world’s best-selling drug
...is transformational. It accelerates in one deal a host of strategies that we had already identified.” Many in the industry are more sceptical, arguing...dominate Pfizer, some believe no drug in any pharmaceutical company will ever match its sales. Marketing practices are now under far greater scrutiny, and Pharmaceutical Research and Manufacturers... By Andrew Jack
February 8, 2005
Sears announces new ‘off-mall’ format
Sears Roebuck, the department store...merger with Kmart. Sears said it would open 25...mid-sized stores in the spring, offering a range of the company’s traditional appliances, power tools and apparel, together with...aggressive growth initiative in company history”. The company...countering falling sales at Sears’ 870 stores in traditional... By Jonathan Birchall in New York