The latest about Kmart
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Former Sony exec tapped for Sears appliances post
WWSB Business News
Mar 22HOFFMAN ESTATES, Ill. (AP) — Sears Holdings Corp. has named a former Sony Electronics executive to head its home appliances division.The retailer, which runs Kmart and Sears stores, said Thursday that Steve Haber will serve as senior vice president and... »
Sears hires exec to develop real estate assets
WWSB Business News
Mar 20HOFFMAN ESTATES, Ill. (AP) — Sears Holdings Corp., which operates Sears and Kmart stores, on Tuesday named David Lukes as president of its real estate development, the latest move as it seeks to improve its profit by making more money from its real est... »
Sears reports fourth quarter loss
WWSB Business News
Feb 23HOFFMAN ESTATES, Ill. (AP) — Sears Holdings says it will separate its smaller Hometown and Outlet stores as well as some hardware stores in a deal expected to raise $400 million to $500 million as it seeks to regain profitability and market share.The o... »
Walgreen buying files from Kmart
WWSB Business News
Jan 30DEERFIELD, Ill. (AP) — Walgreen Co. said Monday it is buying prescription files and inventory from 33 Kmart pharmacies in 16 states.Walgreen, the largest drugstore operator in the U.S., did not disclose terms of the deal. It said the purchase will clos... »
Sears completes spinoff of Orchard Supply Hardware
WWSB Business News
Jan 03SAN JOSE, Calif. (AP) — Sears Holdings Corp. has completed its spinoff of Orchard Supply Hardware Stores Corp. into a separate publicly traded company, the company said Tuesday.Orchard, which started as a purchasing cooperative in San Jose, Calif. in 1... »