Skip to: Content
Skip to: Site Navigation
Skip to: Search

October 11, 2008 11:40:46 AM CDT

Learn about Newser Points »

Stories related to: Sears

Stories

5 Stories

  • March 2008
  • January 2008

    • Slumping Sears Ousts CEO

      Wall Street Journal  |  Jan 28, 08 9:39 AM CST

      Slumping Sears Ousts CEO

      (Newser) - Sears Holdings CEO Aylwin Lewis will depart as part of company-wide restructuring, the Wall Street Journal reports. Sears stock has plummeted 40% since July, and the retailer's sales were down 3.5% this holiday season. The company, which was created when Kmart Holding Corp. took over Sears in 2005, last week announced a plan to decentralize the chain of command, up capital spending by $200 million, and reformat stores. More »

      Tags

      CEO  • Sears  • Eddie Lampert  • Edward Lampert

  • December 2007

    • Holiday E-Commerce Still Suffers Growing Pains

      Wired  |  Dec 15, 07 10:14 AM CST

      Holiday E-Commerce Still Suffers Growing Pains

      (Newser) - As online retailers post record sales this year, holiday e-commerce meltdowns show that stores still don't have the kinks ironed out of their sites. Despite increased capacity on retail sites, crashes such as Sears.com's eight-hour Black Friday crash and Yahoo Shopping's 10-hour Cyber Monday outage continue to plague holiday online shopping, Wired reports. More »

      Tags

      Yahoo  • online advertising  • retail sales  • holiday shopping  • online retailers  • Sears  • Black Friday  • Cyber Monday

    • Sears Chief Wins Worst CEO Award

      MarketWatch  |  Dec 6, 07 12:51 PM CST

      Sears Chief Wins Worst CEO Award

      (Newser) - There were lots of rotten CEOs this year, writes MarketWatch’s Herb Greenberg, but the man who stood above (below?) the pack was Sears Chairman Eddie Lampert. Lampert is revered for his brilliant trading at ESL Investments, but he’s a bad retail boss, espousing a profit-over-sales ethos that’s failing miserably. Same-store sales and margins are going the wrong way for Sears. More »

      Tags

      Ed Zander  • Sears  • Mesa Airlines  • Eddie Lampert

    • GE Recalls 92,000 Ovens Over Fire Risk

      Reuters  |  Dec 5, 07 8:01 PM CST

      GE Recalls 92,000 Ovens Over Fire Risk

      (Newser) - GE recalled 92,000 microwave ovens today because the appliances pose a fire hazard, the government said. The ovens, sold at department and appliance stores between January 2000 and December 2003, were sold as GE, GE Profile, and Kenmore products. The company reported no injuries stemming from oven use, but said there were more than 30 cases of property damage, Reuters reports. More »

5 Stories

Today's Most Popular

Loading...

Premium Articles from HighBeam

Find more articles like this

What is Newser?

2008 Codie Finalist

Newser gives you more news in less time. We search for the best and most important stories all over the web, read them for you, and deliver concise and sharp summaries—along with links to the full text. Newser provides a way to stay on top of an ever-expanding horizon of news and opinion—politics, sports, business, trends, technology, personalities, crimes, and controversies. Newser keeps you not just better informed, but, with our signature graphic interface and smart condensed format, more enjoyably informed.

Learn more »