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Arun Arora to lead Sears Home Services business

BY HBSDEALER Staff

Sears Holdings has tapped Arun Arora as SVP and president, Home Services, in which role he will take charge of the business unit’s In-Home Repair Services, Service Contracts, Carry-In Repair, Sears Home Improvement Services, Parts Direct, Commercial Sales and Sears Franchise Businesses.

"Our customers and members invite us every day into their homes and trust us; we don’t take that for granted," said Edward Lampert, Sears Holdings chairman and CEO. "Arun’s passion for both analytics and understanding the customer’s needs, along with his deep experience in integrated retailing, will be an asset to the organization."

Previously, Arora was SVP and general manager for Staples Global Ecommerce. During his time there, he managed Staples’ online business and its inside-sales business.

He has also served as CFO, Americas & Treasurer for Groupon Inc., as well as held various finance stints at Beam Global Wine & Spirits, 3M Company, Mentor Graphics, Verari Systems, Sun Microsystems, Credit Suisse First Boston and Goldman Sachs.

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HCN Stock Watch: Things are looking up

BY HBSDEALER Staff

After a rather depressed Friday, stocks sprung up again on Monday following a better-than-expected monthly retail sales report for March.

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HCN Stock Watch: Sears’ struggle

BY HBSDEALER Staff

Even though they’re separate entities, both Sears Holdings (SHLD) and Sears Hometown and Outlet Stores (SHOS) fell more than 5 percentage points on Friday.

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