Skip to: Content
Skip to: Site Navigation
Skip to: Search
SUNDAY, NOVEMBER 22, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: Sears

Sears stories: 11 news summaries

 Willis What? Sears Tower 
 Changes Names 

Insurance company gets naming rights

Jul 16, 09 9:10 AM CDT
(Newser) - An insurance company no one's ever heard of is suddenly a big name in Chicago.  Starting today, the Sears Tower—the tallest building in the Western Hemisphere—becomes Willis Tower, after Willis Group Holdings, the Sun-Times reports. Chicagoans grumbling about the name change, which Willis earned by leasing just... More »

MORE ABOUT:
Chicago • skyscraper • Sears • Sears Tower • Willis Group Holdings • Willis Tower

(Newser) - Sears is taking the “Christmas in July” trope to a whole new level. With June retail sales tumbling, the company is looking for a boost by selling actual Christmas products, Time reports. Soon, 372 Sears stores will roll out displays hawking tree ornaments, stocking stuffers, and other decidedly off-season... More »

MORE ABOUT:
retail • recession • retail sales • Christmas • Sears Holding • department stores • Sears • Kmart

MARKETS

 Dow Off 15 Despite Retail News 


May 22, 09 3:13 PM CDT
(Newser) - A strong retail sector and defensive buying ahead of the holiday weekend couldn’t correct a general malaise that left markets down slightly today, the Wall Street Journal reports. Sears was up 12% on a Q1 profit. Little movement in financials was welcome to some who believe the sector is... More »

MORE ABOUT:
NASDAQ • New York Stock Exchange • Dow Jones • financial sector • Sears • S&P 500 • Memorial Day • gasoline prices • holiday weekend

MARKETS

 Stocks Mixed on Retail News 

Wal-Mart falters, but Sears posts strong forecast

Jan 8, 09 3:32 PM CST
(Newser) - Stocks ended mixed today amid largely negative retail news and nervousness on unemployment, MarketWatch reports. Investors were shaken by poor December earnings and a reduced quarterly forecast posted by Wal-Mart, which managed to perform well through 2008. The Dow fell 27.24 to close at 8,742.46. The Nasdaq,... More »

MORE ABOUT:
Microsoft • Dow Jones • Nasdaq • tech sector • Sears • S&P 500 • Wal-Mart • Gap • GameStop • financial crisis

MARKETS

 Dow Rises 270 on Late Rally 


Dec 2, 08 3:24 PM CST
(Newser) - Stocks rallied late in the session today, buoyed by rounds of bargain hunting following yesterday’s deep sell-off, the Wall Street Journal reports. GE rose 14%, despite lowering its forecast, on news that it will still pay a $1.24-per-share dividend next year. The Dow rose 270 points to close... More »

MORE ABOUT:
Dow Jones • General Motors • General Electric • Nasdaq • Sears • S&P 500 • bailout

Morgan Stanley Eyes Smaller Fish to Boost Banking Cred

After converting from investment bank, company targets growth in deposits

Dec 1, 08 10:27 AM CST
(Newser) - Just months after converting from an investment firm into a bank-holding company, Morgan Stanley is already one of the top 50 US banks in terms of deposits, the Wall Street Journal reports—and is looking to acquire regional banks that will speed its climb. Analysts say it’s unlikely Morgan... More »

MORE ABOUT:
Bank of America • Morgan Stanley • brokerage • Sears • banking industry • financial crisis • bank-holding company

Wal-Mart Leads Feb. Retail Rally

Overall sales jump doubles expectations, calms consumer spending fears

Mar 6, 08 10:47 AM CST
(Newser) - Big retailers showed unexpected signs of life in February, beating weak sales predictions to inject some hope into the market. Wal-Mart led the way, posting a 2.6% same-store increase, beating its own predictions of flat-to-2% growth. Overall, same-store sales climbed 1.9%, with more than half of retailers beating... More »

MORE ABOUT:
retail • Costco • JCPenney • Sam's Club • Macy's • consumer spending • Home Depot • retail sales • Target • Victoria's Secret • Sears • National Retail Federation • Wal-Mart • Abercrombie & Fitch • American Eagle • BJ's Wholesale Club • Thomson Financial Same Store Sales Index • Kohl's • Saks • Gap • Banana Republic • Limited • Buckle • Pacific Sunwear • Wet Seal • Aeropostale

Slumping Sears Ousts CEO

Board dumps Lewis
as part of restructuring plan to boost retailer's falling sales, stock

Jan 28, 08 9:39 AM CST
(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... More »

MORE ABOUT:
CEO • Sears • Eddie Lampert • Kmart • Edward Lampert • Aylwin Lewis

Holiday E-Commerce Still Suffers Growing Pains

Net surfing window shoppers blamed for crashes, meltdowns

Dec 15, 07 10:14 AM CST
(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... More »

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

OPINION

Sears Chief Wins Worst CEO Award

Lampert beats out crowded field of execs: MarketWatch columnist

Dec 6, 07 12:51 PM CST
(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... More »

MORE ABOUT:
Ed Zander • Mesa Airlines • Sears • Sears Holdings • Eddie Lampert • Chuck Prince • Jonathan Ornstein

GE Recalls 92,000 Ovens Over Fire Risk

Company offers affected customers rebates, free repairs

Dec 5, 07 8:01 PM CST
(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... More »

MORE ABOUT:
General Electric • recall • Consumer Product Safety Commission • microwave ovens • fire hazard • GE Profile • Kenmore • Sears

11 Stories


from our news partners