News

Sears closure count increases, including 10 hardware stores

BY HBSDEALER Staff

According to an article in the Chicago Tribune, the closing of 43 Sears hometown dealer stores and 10 Sears Hardware stores are planned for the first half of 2012.

The latest revelation on Sears’ plans to cut its expenses and transform its business came from its annual report, which was released late Wednesday. 

In a filing, Sears said: “We will continue to invest in our online properties. By integrating our vast store network with our online properties, we believe that Sears Holdings will succeed in the rapidly evolving retail environment. The Web and mobile platforms integrate shopping and marketing in a very different way than stores and traditional media have in the past.”

At the end of 2011, Sears has 2,172 Kmart and domestic full-line stores and 1,338 specialty retail stores in the United States operating through Kmart and Sears, and 500 full-line and specialty retail stores in Canada operating through Sears Canada, a 95%-owned subsidiary. The company said it plans to close 173 stores and change the format of eight stores in the first half of 2012.

keyboard_arrow_downCOMMENTS

Leave a Reply

r.rendommotion11 says:
May-19-2012 05:53 am

This post has helped me to
This post has helped me to have another perspective. I am researching this topic for a paper I am writing. Your article provided me great insight of my topic. John

p.poootfastlest says:
May-12-2012 10:03 am

This article has some great
This article has some great and useful information about this subject. Thank you for sharing it in an easy to read and understandable format. corporate team building training

f.keskin says:
Apr-12-2012 02:43 pm

Estetik cerrahi vücudun
Estetik cerrahi vücudun birçok bölgesinde gerçekleştirilebilir, örneğin yüz, göğüs ve karın. tamponsuz burun estetiği Günümüzde estetik ameliyat olmak utanılacak bir şey değildir. Aksine hem tıp alanında oluşan gelişmeler, hem de tüm dünyada insanların yaşam standartlarının yükselmesine bağlı olarak güzellik kavramının estetik cerrahi plastik cerrahi içinde bir yan daldır. plastik cerrahi , Estetik cerrahi vücut imajının daha güzel ve mükemmele ulaştırılmasını sağlamak için yapılan ameliyat ve girişimlerle uğraşır. Burada tıbbi bir problemden çok estetik problemler söz konusudur.

v.production says:
Mar-30-2012 01:41 am

sears had the writing on the
sears had the writing on the all, and today best buy just announced more of the same. Thanks for writing this, regards, video production

TRENDING STORIES

POLLS

How concerned are you that a trade war could hurt your business?
News

Sears loses another appliance merchant

BY HBSDEALER Staff

Dev Mukherjee, president of the home appliances business at Sears for the past 16 months, has departed the company, according to an article in the Chicago Tribune. A replacement will be named “in a few weeks,” according to a Sears spokesman.

Mukherjee is the third head appliance merchant to leave Sears in four years, according to the newspaper. He joined the company in 2007 as senior VP innovation before being named as president of toys and seasonal business in 2009. Mukherjee is a former marketing executive at Microsoft Corp. and IBM.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How concerned are you that a trade war could hurt your business?
News

WOLF creates new division

BY HBSDEALER Staff

Building material supplier WOLF created a new division to be called  Wolf Home Products and to be lead by Craig Danielson.

The new division focuses on sourcing and selling U.S.-made products for professional contractors and serious do-it-yourselfers. The division oversees several existing lines: Wolf Classic Cabinets, Wolf Deck & Porch, Wolf Trim & Moulding, and Wolf Bath Furniture & Vanity Tops.

As part of the launch, the new division also unveiled a new logo and new tagline, “Real Performance, Real Value.” 

Wolf Home Products has also developed a new web site, www.wolfhomeproducts.com, providing product imagery, detailed descriptions, and information for consumers and builders – an effort to support the sales efforts of independent dealers.

Craig Danielson, president of the Wolf Organization, will serve as president of the Wolf Home Products division. 

“The new division better aligns our company’s structure with a significant opportunity for growth from Wolf-branded products,” Danielson said. “At the same time, it enables us to develop and source products that complement the products WOLF distributes for our manufacturer partners.”

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How concerned are you that a trade war could hurt your business?