3333 Beverly Road
Hoffman Estates, IL 60179
October 2013 Summary:
Sears Holdings Corporation (Holdings) is a retailer with 2,172 full-line
and 1,338 specialty retail stores in the United States operating through
Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co. (Sears) and
500 full-line and specialty retail stores in Canada operating through Sears
Canada Inc. (Sears Canada), a 95%-owned subsidiary. The Company operates
in three segments: Kmart, Sears Domestic and Sears Canada. As on January
28, 2012, it had 38 domestic supply chain distribution centers, of which
12 were owned and 26 were leased for terms ranging from 3 to 5 years. Of
the total, 11 primarily support Kmart stores, 23 primarily support Sears
stores and four support both Sears and Kmart stores. On December 31, 2011,
the Company completed the spin-off of its interest in Orchard Supply Hardware
Stores Corporation. In April 2012, it sold eleven Sears full line store
locations to General Growth Properties. In April 2012, it added MetaScale
as a wholly owned subsidiary.
November 2004 News: Kmart
is buying Sears, Roebuck & Co. for $11 billion. The deal will
create the third-largest retailer in the country. The new company, known
as Sears Holdings, will be based at Sears headquarters outside Chicago.
While the new company will operate both Sears and Kmart stores, "several
hundred" Kmarts will be converted to Sears, Sears Chairman Alan Lacy said
at a news conference. The companies currently operate about 3,500 stores
public companies here on Apparel Search.
If you find our directory to be
helpful, please like our site with the social media
links below. Your support is appreciated.|
If you are interested in discussing the
financial aspects pertaining to the company listed on this page,
please share your thoughts in the comments section below.
Discussion topics may include any business details that you
believe could potentially impact the financial strength or
weakness of the company. For example, the company may have
negotiated a new licensing deal that you believe is important.
Or possibly they have hired a new public relations firm or
received a unique celebrity endorsement. If any
interesting activity has taken place, please bring that issue up
for discussion and debate. You are welcome to provide
facts or ask questions about business strategy, corporate
executives, brand portfolios, historical stock prices, business
news, SEC filings, stock charts, etc. Anything relevant to
investor relations, the company's products or services,
financial information, or corporate policy is open for
discussion. Feel free to share your wisdom in the social
comment area below. Please keep all discussions directly
relevant to the topic of the company listed on this page.
powered by Disqus