May 14, 2014

 The Sears Holdings empire plans a strategic retreat from Canada.

In a three-sentence announcement released Wednesday morning, Hoffman Estates, Ill.-based Sears Holdings Corp. said it is "exploring strategic alternatives for its 51% interest in Sears Canada, including a potential sale of Sears Holdings' interest or Sears Canada as a whole." 

The company said it plans to hire an investment bank to help with the sale. It didn't say which firm.

October 16, 2013

Sears Holdings Corp. announced its plan to host its first-ever Invite a Veteran to Work Day on Nov. 6. The event will take place at its headquarters in Hoffman Estates, Ill., as well as 1,800 other Sears and Kmart locations across the nation.

The event is designed to honor vets, provide them with an educational tour of the company's operations and offer support for transitioning into the civilian workforce. Additionally, attendees will be encouraged to apply for various career opportunities with Sears.

June 19, 2013

No matter how you slice them, the numbers of the HCN Top 300 Industry Scoreboard reflect the rising housing market, increased spending on the home and an easy comparison with the previous year's performance.

Of the leading 300 home channel retailers, 277 show positive sales in the most recently completed finished fiscal year, and 12 show declines. Eleven others are listed as flat.

February 28, 2013

Sears Holdings posted sales declines for both its fourth quarter and full year, but the Hoffman Estates, Ill.-based retail icon narrowed its losses significantly.

October 2, 2012

A new agreement with Jackson Hewitt Tax Service will keep tax preparation in the Sears lineup.

For Sears stores, H&R Block is out, and Jackson Hewitt Tax Service is in. The Hoffman Estates, Ill.-based retailer announced the agreement with Jackson Hewitt that will enable tax preparation services both in-store and online.

The service will begin in January 2013.

June 26, 2012

Manufacturers and distributors met during the annual Group Merchandising Conference hosted by PRO Group June 18 to 21 at the Embassy Suites Atlanta at Centennial Olympic Park. This is the sixth year distributors from Hoffman Estates, Ill.-based Val-Test have participated.

February 17, 2012

According to an article in the Chicago Sun Times, Sears Holdings Corp. will lay off employees from a variety of departments at its Hoffman Estates, Ill., headquarters.

The layoffs will not affect the retailer's recently approved tax credit from the state of Illinios. The $150 million payroll tax credit take effect next year, and -- according to the article -- requires a minimum of 4,250 headquarters employees.

January 23, 2012

A list compiled by 24/7 Wall St., based on both shareholder and consumer satisfaction, placed Sears in ninth place on the Ten Most Hated Companies in America. The Hoffman Estates, Ill.-based company was one of two retailers – the other being Best Buy at no. 6 – that made the publication’s list. Facebook ranked first on the list, followed by American Airlines and AT&T.

December 14, 2011

The Hoffman Estates, Ill.-based retail giant thanked lawmakers for passing a tax-incentive plan to keep business in the state.

After researching a possible move to Ohio or Texas, Sears yesterday applauded the Illinois General Assembly for its bipartisan support of legislation that Sears said would allow it to maintain its headquarters in Hoffman Estates, Ill.

October 6, 2011

An article in the Cleveland Plain Dealer reported that Sears officials were scouting sites in Ohio for a possible headquarters move.

Although the Hoffman Estates, Ill.-based retailer is considering a headquarters move, no decision to move has been made. Candidates are sites in Ohio and Texas. 

August 18, 2011

Losses at Hoffman Estates, Ill.-based Sears Holdings Corp. widened in the second quarter ended July 30. The company's net loss was $146 million, compared with a loss of $39 million in the same quarter last year.

Total revenues decreased to $10.3 billion for the quarter, down slightly from $10.5 billion for the quarter ended July 31, 2010. Kmart's comparable-store sales were flat, and Sears Domestic comparable store sales declined 1.2%.

May 18, 2011

Columbus, Ohio-based Dorcy, a flashlight and battery manufacturer, is introducing DieHard branded alkaline batteries to the market. 

The DieHard brand on an alkaline battery was on display at the National Hardware Show in Las Vegas. 

"It's a natural," said Dorcy president and CEO Tom Beckett. "The DieHard brand has enormous goodwill, and this launch is a natural addition to our core business."

DieHard is a brand owned by Hoffman Estates, Ill.-based Sears Holdings. Dorcy is a longtime supplier of flashlights to Sears.


May 4, 2011

The Chicago Tribune reported Sears Holdings Corp. CEO Louis D'Ambrosio supplied a strong dose of optimism at the Hoffman Estates, Ill.-based retailer's annual meeting, the day after the company warned of falling sales.

December 10, 2010


Circular of the Week: “Wow now!” sale  

Hoffman Estates, Ill.-based is placing all of its online tools on sale through a promotion called “Wow now!”

November 18, 2010

Sears Holdings posted a net loss of 218 million in the third quarter ended Oct....

December 2, 2008

Hoffman Estates, Ill.-based Sears Holdings Corp. posted a third-quarter loss of $146 million, compared to...

November 13, 2008

This brings the total of Sears stores slated to close in early 2009 to 20....

September 21, 2008

As Menards continues to expand its borders, including into two new states in the United...

September 9, 2008

Trustees said the store is set to close on Nov. 24, leaving the village without...

August 27, 2008

Domestic same-store sales dropped 6.2 percent overall, including a 5.6 percent drop at Kmart stores...

August 27, 2008

New heads have been named to home services, as well as Craftsman, Kenmore and DieHard...

August 20, 2008

Mark Good has been with Hoffman Estates, Ill.-based Sears since 1997, and he has overseen...

June 26, 2008

New York -- Sears unveiled the Craftsman 12V Lithium series during a special “Holidays in...

May 28, 2008

The troubled parent of Sears and Kmart stores lost $56 million in the first quarter....