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October 5, 2007
Ackman stake could spark clash at Sears
...hedge fund investor who is chairman of Sears Holdings, the third-largest US...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...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... By Jonathan Birchall in New York
October 5, 2007
Ackman sets sights on Sears
...hedge fund investor who is chairman of Sears Holdings, the third-largest US...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...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... 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...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...Sears and Kmart have launched new marketing and merchandising initiatives in recent... By Jonathan Birchall in New York
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...Both Sears and Kmart have launched marketing and merchandising initiatives in recent... By Jonathan Birchall in New York
February 7, 2010
Agriculture: New model starts to take root
...agriculture corporation, with 35 employees and Y1bn ($11m) in sales.The success of his company, Topriver, which grows and markets vegetables in Nagano prefecture...business model depends on aggressive marketing, pre-agreed sales and strict planning of production volumes... By Michiyo Nakamoto
January 28, 2005
Sears Roebuck profits down 86%
Sears Roebuck, the department store chain that last year agreed to merge...cent to $11.2bn from $12.3bn the year before, while sales at US stores open at least a year decreased 0.2 per cent. For 2004, Sears reported a net loss of $489m, or $2.26 a share, compared... By Lauren Foster
February 9, 2005
Sears seeks growth with new format
Sears Roebuck, the depart-ment store...11bn merger with Kmart. Sears said it would open 25 new...offering a range of the company's traditional appliances, power tools and apparel, together with...aggressive growth initiative in company history". The company...aimed at countering falling sales at Sears' 870 stores in traditional... By Jonathan Birchall in New York
February 4, 2005
We can build a juggernaut P&G and Gillette lead the way through a new retail landscape
...their knowledge of private label practices. However P&G/Gillette is partially...threat because about half of total sales will be in the faster growth health and beauty sectors. It can also draw on "a larger pool of marketing dollars to strategically invest in...views: consolidation was inevitable and it was best to lead it. The Rye meeting led to further meetings between company executives and advisers. Meanwhile, the US stock...enjoying a post-election rally. Sears, Roebuck, the store group, agreed to be... By Mure Dickie, Jeremy Grant, Khozem Merchant and James Politi
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...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