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Keyword: sears

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  • Troubles mounting, Sears will lay off 55 in Fort Worth

    05/30/2014 4:24:52 PM PDT · by 2ndDivisionVet · 2 replies
    The Dallas Business Journal ^ | May 27, 2014 | Korri Kezar
    Sears Holding Corp. will lay off 55 employees at its parts and distribution center in north Fort Worth as troubles keep mounting for Hoffman Estates, Illinois-based retailer. In a letter under the Worker Adjustment Retraining and Notification Act (WARN) to the Texas Workforce Commission, the company said the employees will be laid off from its facility at 5001 N. Beach St., and that the eliminations are expected to be permanent. The terminations are expected to occur on or around June 29, the letter said. Sears said it will keep the Fort Worth facility open while reducing its staff. "These decisions...
  • Retail Apocalypse? Major Chains Closing Hundreds Of Stores

    02/11/2014 10:49:47 AM PST · by Para-Ord.45 · 101 replies
    http://newswatch.us ^ | February 11 2014 | D. Jennings
    Hundreds of stores across the nation are closing as some of America’s most famous retailers struggle to stay in business. The country is facing what CNBC has labeled a tsunami of store closings and blogger Michael Snyder has called a retail apocalypse. JC Penney, which lost $586 million in three months in 2013, is planning to close 33 stores in 19 states and lay off 2,000 people. JC Penney’s stock has lost 84 percent of its value since February 2012. Sears has decided to shut down its flagship store in Downtown Chicago, and it has closed 300 stores in the...
  • A 'tsunami' of store closings expected to hit retail

    01/22/2014 1:59:17 PM PST · by EBH · 99 replies
    CNBC ^ | 1/22/2014 | Krystina Gustafson
    Get ready for the next era in retail—one that will be characterized by far fewer shops and smaller stores. On Tuesday, Sears said that it will shutter its flagship store in downtown Chicago in April. It's the latest of about 300 store closures in the U.S. that Sears has made since 2010. The news follows announcements earlier this month of multiple store closings from major department stores J.C. Penney and Macy's. Further signs of cuts in the industry came Wednesday, when Target said that it will eliminate 475 jobs worldwide, including some at its Minnesota headquarters, and not fill 700...
  • 18 Depressing Photos That Show Why Sales Are Crumbling At Sears

    01/09/2014 2:09:59 PM PST · by Hojczyk · 242 replies
    Yahoo Finance ^ | January 9, 2014 | Ashely Lutz
    Sears, once America's golden retailer, is a company in crisis. The company has shuttered hundreds of stores in recent years. The embattled company has been selling some its most profitable stores to raise money. And now, shares are tumbling after Sears lowered guidance for the quarter and announced that comparable sales in the fourth quarter have slid more than 7%. Brian Sozzi, chief equities strategist at Belus Capital Advisors, took poignant photos inside of New Jersey and New York Sears locations in October. "To understand why Sears is in a 'sell stores mode' one must look no further than the...
  • 'Mystery figure haunting the Swiss woods for over a decade'

    09/14/2013 7:23:29 AM PDT · by BenLurkin · 31 replies
    news.com.au ^ | September 12, 2013
    Dressed in a military uniform with a gas mask covering his face, the figure, known as 'Le Loyon', is said to have been haunting the woods for the past decade. He apparently walks the same route every day. However, there was no evidence of his existence until local news website Le Matin published the first known photograph of the mystery man last month, and now police are trying to track him down. But is it for real? "He had a military cape, boots and an army gas mark - an antique type, I think. He measured more than 1.9m. He...
  • Sears 2nd-quarter loss widens as sales at Kmart, namesake stores weaken

    08/22/2013 5:03:51 AM PDT · by xzins · 20 replies
    Washington Post ^ | 22 Aug 13 | AP
    Sears’ second-quarter loss widened as the number of stores in operation declined and it dealt with lingering effects from its spinoff of the Hometown and Outlet brand. A series of retailers including Wal-Mart Stores Inc. and Macy’s Inc. have reported disappointing quarterly results this month and have issued bleaker outlooks as shoppers grapple with an uncertain economy. Americans absorbed a 2 percentage-point increase in the Social Security payroll tax this year as well. That means take-home pay for a household earning $50,000 a year has been sliced by $1,000. Hedge fund billionaire Edward Lampert, who controls the company and took...
  • Sears cutting 245 jobs, mostly at head office (Canada)

    08/21/2013 10:31:55 PM PDT · by 2ndDivisionVet · 3 replies
    The Montreal Gazette ^ | August 20, 2013 | Romina Maurino
    TORONTO — Sears Canada (TSX:SCC) is cutting 245 jobs, mostly at its head office in Toronto, and moving some of the work overseas. The reductions will affect 138 of the jobs in the retailer’s information technology department, 99 in finance and eight in payroll. About 200 of the cuts are in the Toronto area, 38 are in Montreal and six in Belleville, Ont. Sears said the workload will be transferred to “external third-party providers whose business expertise includes updated systems and processes that can more efficiently perform the work involved.” While the company didn’t provide a specific breakdown on how...
  • Ayn Rand killed Sears

    07/23/2013 2:09:29 PM PDT · by Colonel Kangaroo · 118 replies
    Salon ^ | July 18, 2013 | Lynn Stuart Parramore
    How the me-first corporate structure installed by hedge fund manager Eddie Lampert helped ruin the retail giant Eddie Lampert, the legendary hedge fund manager, was once hailed as the “Steve Jobs of the investment world” and the second coming of Warren Buffett. These days, he claims the number 2 spot on Forbes’ list of America’s worst CEOs. He has destroyed Sears, the iconic retail giant founded in 1886, which used to be known as the place “Where America Shops.” America now avoids Sears at all costs, thanks largely to Mr. Lampert and his love of twisted economic logic. A bit...
  • Sears reports bigger-than-expected 1Q loss

    05/23/2013 2:34:59 PM PDT · by Olog-hai · 25 replies
    Associated Press ^ | May 23, 2013 4:53 PM EDT
    Sears Holdings Corp. reported a steeper-than-expected loss for its first quarter with the beleaguered retailer, blaming a cooler spring for falling sales.The operator of Sears and Kmart stores also said it’s considering strategic options for its service-agreement business, such as selling it off, to raise cash. Service agreements are when customers pay an extra fee when buying an appliance and the company agrees to fix or replace it if it breaks within a certain time. The steep loss drove Sears’ shares down more than 11 percent in after-hours trading. …
  • End of an Era? Sears Portrait Studio Closes

    04/05/2013 8:51:33 PM PDT · by Responsibility2nd · 15 replies
    Newser ^ | 04/05/2013 | By John Johnson
    The digital age might have another victim: Sears has shut down its portrait studio, at least for now, after the photography company that has been snapping family portraits for the chain since 1959 abruptly closed up shop, reports the Wall Street Journal. CPI Corp. also ran studios at Walmart and Babies "R" Us, and all three retailers are scrambling to figure out next steps. Sears is "exploring all options" to resume portrait services, says the company. It was just a matter of time, writes Chris Gampat at the Phoblographer blog. People are taking their own photos with their own digital...
  • Eight Retailers That Will Close the Most Stores

    02/02/2013 7:00:46 AM PST · by DemforBush · 71 replies
    Yahoo News ^ | 2/1/2013 | Douglas A. McIntyre/Various
    -Snip- And while successful retailers in 2012 may add stores this year, those that have performed very poorly may have to cut locations during 2013 to improve margins or reverse losses. For many retailers, the sales situation is so bad that it is not a question of whether they will cut stores, but when and how many. -Snip-
  • For Four Retailers, Do or Die

    12/27/2012 8:46:58 AM PST · by MinorityRepublican · 118 replies
    The Wall Street Journal ^ | December 27, 2012 | ANN ZIMMERMAN And DANA MATTIOLI
    While 2013 will be a tough year for retailers due to the tepid economic recovery, a few in particular face a critical 12 months. Their experiences highlight the challenges facing store chains, from increasingly cautious consumers to fierce online competition. These unlucky retailers are going into the New Year with extra woes: slipping sales, questionable strategies and tight finances—which is why they are the ones to watch, and not in a good way. Best Buy Co. BBY -1.22% has been plagued by the retail phenomenon called "showrooming," where shoppers examine products in its stores but buy online through rivals. A...
  • Big Firms Overhaul Health Coverage [Giving money to employees to buy own coverage]

    09/28/2012 8:24:43 AM PDT · by Lorianne · 45 replies
    Wall Street Journal ^ | 26 September 2012 | Anna Wilde Mathews
    Two big employers are planning a radical change in the way they provide health benefits to their workers, giving employees a fixed sum of money and allowing them to choose their medical coverage and insurer from an online marketplace. Sears Holdings Corp. and Darden Restaurants Inc. say the change isn't designed to make workers pay a higher share of health-coverage costs. Instead they say it is supposed to put more control over health benefits in the hands of employees. The approach will be closely watched by firms around the U.S. If it eventually takes hold widely, it might parallel the...
  • Retailers See Gay Population as Next Audience to Court

    07/16/2012 8:12:42 AM PDT · by kevcol · 61 replies
    WSJ ^ | July 9, 2012 | Karen Talley
    Retailers are becoming a lot less closeted. They are turning their attention to gays and lesbians, a group that wields substantial buying power but isn't fully integrated into mainstream advertising. Similar to other moves to attract different minority groups, the push comes with risks, as it could threaten the retailers' relationships with some of their longtime shoppers. Nonetheless, from J.C. Penney Co.'s (JCP) high-profile hiring of openly gay television personality Ellen DeGeneres as its spokeswoman to Target Corp.'s (TGT) selling of same-sex greeting cards, retailers are testing ways to cozy up to a community that by one estimate is as...
  • Sears and Happy LGBTQ Pride

    07/02/2012 4:04:15 AM PDT · by scottjewell · 41 replies
    Who Talking ^ | June 30 2012 | Who Talking
    Sears in Toronto , CA displays pride flags
  • Sears to close 62 more stores

    03/15/2012 7:46:39 PM PDT · by Altariel · 53 replies · 1+ views
    MSN Money ^ | March 15, 2012 | Kim Peterson
    Sears Holdings (SHLD +4.34%) already said it would close as many as 120 Sears and Kmart stores this year in an effort to turn the business around. But that wasn't enough. The struggling retailer said Thursday it will have to tighten its belt even more. Sears is now planning to close 43 Hometown stores, 10 Sears Hardware stores and all nine stores in the Great Indoors chain. Hometown stores are independently operated, and sell hardware in mostly rural areas. Sears is also getting rid of clothing in 10 Sears stores -- perhaps in a test run for a chain-wide initiative...
  • AllState, Sears Join List Of Advertisers Announcing No More Ads On Limbaugh

    03/05/2012 4:02:37 PM PST · by Free ThinkerNY · 112 replies
    Mediaite ^ | March 5, 2012 | James Crugnale
    The furor over Rush Limbaugh‘s controversial comments directed at Georgetown University law student Sandra Fluke has lead to advertisers dropping his eponymous radio program. 12 advertisers, including Sleep Number, The Sleep Train, Quicken Loans, Legal Zoom, Citrix, Carbonite, ProFlowers, AOL, Bonobos, Sears, and Allstate Insurance have pulled ads from the program, and/or distanced themselves from the show, either permanently or temporarily, ThinkProgress’s Adam Peck reports. “Allstate’s advertising purchase strategy has not included the Rush Limbaugh Show,” the company wrote in a statement on their Facebook page. “Earlier today, we responded to inquiries about our advertising relationship with the show by...
  • In Retreat, Sears Set to Unload Stores [Obama's America: End of An American Retail Giant]

    02/23/2012 10:31:44 PM PST · by Steelfish · 36 replies
    Wall St. J ^ | February 23, 2012 | MIGUEL BUSTILLO AND DANA MATTIOLI
    FEBRUARY 24, 2012 In Retreat, Sears Set to Unload Stores [Subscriber Content Preview] BY MIGUEL BUSTILLO AND DANA MATTIOLI After seven years of trying to rebuild the iconic retailer Sears, hedge-fund manager Edward S. Lampert reversed course on Thursday, announcing that Sears Holdings Corp. will unload more than 1,200 stores in an effort to raise up to $770 million of much-needed cash. Many on Wall Street interpreted the move as the beginning of the breakup of the company. Sears on Thursday reported a loss of more than $3 billion for 2011, and same-store sales have fallen for six straight years....
  • Sears announces 16 more stores closures, including five in Illinois

    02/23/2012 1:44:30 PM PST · by mdittmar · 21 replies
    chicagobusiness.com ^ | February 23, 2012 | Brigid Sweeney
    Sears Holdings Corp. listed 16 more stores it will close, including five Sears and Kmart sites in Illinois. The closures include a full-line Sears store in downstate Alton; a Sears Grand store in northwest suburban McHenry; and three Kmart stores in west suburban Oak Lawn, north suburban Zion and Peru, in north central Illinois. The full list is available on Sears' website. The additional closings came hours after the money-losing retailer announced dismal fourth-quarter and full-year earnings, and about two months after the Hoffman Estates-based company first announced it would shutter 120 stores. So far, the Hoffman Estates-based company has...
  • Closings Announced in 12/27 Sears Holdings Update

    12/30/2011 8:15:57 AM PST · by iowamark · 14 replies
    Sears Holdings ^ | 12/27/2011 | Sears
    Closings Announced in Dec. 27, 2011 Sears Holdings Update This list represents 79 of the 100 to 120 store closings that were announced in the December 27, 2011 Sears Holdings press release.Additional updates will be posted to www.searsmedia.com as they become available.Employment varies by store and format and at this time we cannot provide the total number of impacted associates. However, a typical store that is being closed employs between 40 and 80 associates. FORMAT STREET ADDRESS CITY STATE ZIP Sears Hardlines Only 1916 19th Ave Lewiston ID 83501 Sears Hardlines Only Us Hwy 25e - Ste B2 Middlesboro KY...
  • Sears to close 100 to 120 Kmart, Sears stores

    12/27/2011 6:53:42 AM PST · by Kartographer · 73 replies
    ABC News ^ | 12/27/11 | Bill McGuire
    Sears Holdings Corp. said Tuesday it will close 100 to 120 of its full-line Sears and Kmart stores as it struggles to attract shoppers. Sales for the fourth quarter are off a disappointing 5.2 percent compared with last year. “Given our performance and the difficult economic environment, especially for big-ticket items, we intend to implement a series of actions to reduce on-going expenses, adjust our asset base, and accelerate the transformation of our business model. These actions will better enable us to focus our investments on serving our customers and members through integrated retail – at the store, online and...
  • Sears to Close Up to 120 Kmart and Sears Stores

    12/27/2011 6:46:43 AM PST · by SeekAndFind · 9 replies
    CNBC ^ | 12/27/2011
    Between 100 and 120 Sears and Kmart stores will be closed, Sears Holdings said Tuesday, after terrible holiday sales during what is the most crucial time of the year for retailers. Sears has yet to determine which stores will be closed, but there has been a clear shift in where the retailer will devote its resources. The company is moving away from its practice of propping up "marginally performing" stores in hopes of improving their performance. Sears said it will now concentrate on cash-generating stores. "Given our performance and the difficult economic environment, especially for big-ticket items, we intend to...
  • Sears and CME Group threaten to leave Illinois

    12/06/2011 5:47:00 PM PST · by george76 · 60 replies · 1+ views
    CNNMoney ^ | Dec. 06 ,2011 | Charles Riley
    Without a fresh round of tax incentives, two iconic Illinois companies might soon be on the move. The companies -- Sears Holdings and CME Group -- are the latest in a series of Illinois firms to threaten departure after the state temporarily raised corporate taxes earlier this year. Sears Holdings, which has 6,100 employees at its corporate headquarters and operates both K-Mart and Sears stores, is looking for its current package of tax incentives to be extended. ... The stakes are high. Earlier this year, Caterpillar threatened to leave Illinois, an announcement that sparked something of a relocation competition among...
  • Obsessed with liberty

    10/05/2011 8:06:28 AM PDT · by upbeat5
    World Magazine ^ | October 8, 2011 | Warren Cole Smith
    Alan Sears is the president, CEO, and general counsel of the Alliance Defense Fund (ADF), often called the conservative counterweight to the liberal American Civil Liberties Union. Since ADF's founding in 1994, he has been involved with thousands of cases dealing with freedom of religion, abortion, marriage, and family composition, and has led the training of more than 1,500 lawyers.
  • Outing The Wildflower Inn

    08/19/2011 8:04:51 AM PDT · by Kaslin · 47 replies
    Townhall.com ^ | August 18, 2011 | Alan Sears
    I haven’t been to the Wildflower Inn in Lyndonville, VT, but it sounds like a beautiful place. A glimpse at their website shows a near-definitive New England setting of clapboard buildings with panoramic views of rolling, tree-covered hills and blossoming meadows. And families. Wildflower Inn was voted Best Family Resort by Yankee magazine last year, and the word “family” pops up repeatedly on the website and in the Inn’s brochures. Clearly, that’s the favored clientele, although the Inn’s owners allow that their place is also ideal for romantic weekends. The Inn used to offer its facilities for weddings, too. Not...
  • Ten Brands That Will Disappear in 2012 [No more Kellogg's Corn Pops? NOOOOOOOO!!!!!!!!!!]

    06/22/2011 5:45:24 PM PDT · by grundle · 166 replies · 1+ views
    Yahoo Finance ^ | June 22, 2011 | Douglas A. McIntyre
    Kellogg's Corn Pops The cereal business is not what is used to be, at least for products that are not considered "healthy." Among those is Kellogg's Corn Pops ready-to-eat cereal. Sales of the brand dropped 18% over the year that ended in April, down to $74 million. That puts it well behind brands like Cheerios and Frosted Flakes, each which have sales of over $200 million a year. Private label sales have also hurt sales of branded cereals. Revenues in this category were $637 million over the same April-end period. There is also profit margin pressure on Corn Pops because...
  • Sears thinking about moving from Illinois

    05/12/2011 2:25:53 PM PDT · by WellyP · 37 replies
    John Gibson Show Fox News Radio | 12 May 2011 | Fox News radio
    Sears may leave Chicago
  • Sears Researching Possible Move From Illinois

    05/10/2011 3:49:38 AM PDT · by tobyhill · 39 replies
    ABC ^ | 5/9/2011 | HOFFMAN ESTATES/ap
    Sears Holdings Corp. is researching a possible move of its headquarters and 6,200 jobs out of Illinois, a company spokesman said Monday. The retailer has had preliminary discussions with the Chicago suburb of Hoffman Estates, where it is located, and has commissioned an economic impact study, said spokesman Chris Brathwaite. "We do owe it to our associates and shareholders to consider options and alternatives and intend to be very thoughtful and thorough in our deliberations," Brathwaite said. State and local incentives that Sears receives will expire in 2012, Hoffman Estates Mayor Bill McLeod said. The town and company have been...
  • You won't believe what Sears is selling now"Hot & Exotic" PORNOGRAPHY!

    05/06/2011 9:04:53 AM PDT · by nmh · 69 replies
    You won't believe what Sears is selling now "Hot & Exotic" is just one small sample of Sears' explicit DVD offerings May 6, 2011 Dear Freeper, Under the new leadership of Chairman Edward Lampert, Sears is now offering hard-core pornographic DVDs and music. Not just a few x-rated products, but scores of them! AFA ordered one of the DVDs to see if it really came from Sears. It did! It was mailed to us in a Sears envelope, with a Sears shipping label, from a Sears distribution center. Not only does Sears' website allow children to view its pornographic offerings...
  • 1982

    11/28/2010 9:27:54 AM PST · by SWAMPSNIPER · 37 replies
    SELF | NOV 28, 2010 | swampsniper
    From the 1982 Sears catalog. A lot of this stuff is still around and still going strong, they really don't make them like they used to. I gave my 1983 Minolte XG-M a check last tonight, still in great shape, but I've worn out 3 digital cameras in the last 10 years. The XG-M was close to 300 bucks in 83 though, it would be expensive to make today
  • Sears Yanks Shirts Showing Picture of Twin Towers With Word 'Gotcha'

    09/14/2010 1:38:08 AM PDT · by prisoner6 · 22 replies
    FoxNews.com ^ | September 13, 2010 | FoxNews.com
    Sears Yanks Shirts Showing Picture of Twin Towers With Word 'Gotcha' Sears department store is reportedly under fire for selling T-shirts depicting images of the Twin Towers with the word "Gotcha" emblazoned on the front of the clothing. The company Gotcha reportedly made the clothing and printed its brand name on the front of the shirts. But Sears executives claim the word "Gotcha" was never meant to be attached to images of the World Trade Center towers, the station reports.
  • Sears to Sell Samsung 3-D HDTVs In March

    02/24/2010 2:03:26 AM PST · by Las Vegas Dave · 24 replies · 814+ views
    tvpredictions.com ^ | February 23, 2010 | Phillip Swann
    Sears says it will begin selling Samsung 3-D HDTVs next month, which will make it one of the first retailers to sell the new 3-D sets. Sears says two Samsung sets will begin shipping next month: a 46-inch, 3-D LED HDTV priced at $2,599 and a 55-inch LED HDTV priced at $3,299. They will be available at Sears stores in March. "The anticipation for the 3-D experience at home has been mounting, and we're giving our shoppers a competitive edge by being one of the first retailers to offer these products," stated Karen Austin, president, Home Electronics, Sears Holdings. Sears...
  • Baby-roasting BBQ pulled from Sears site: Red-faced retailer apologizes

    08/23/2009 9:43:10 PM PDT · by Slings and Arrows · 35 replies · 2,291+ views
    The Register ^ | 21st August 2009 | Dan Goodin
    In a blunder that might top the Baby Shaker app on Apple's App Store, retailing giant Sears.com has been caught offering a Bar-B-Que grill specially designed to roast infants and other human morsels.
  • Judge boots problem juror in Fla. terrorism case

    05/05/2009 8:28:39 AM PDT · by SmithL · 90 replies · 2,356+ views
    MIAMI (AP) -- An uncooperative juror has been replaced on the panel in Miami deliberating the case of six men accused of plotting to destroy Chicago's Sears Tower and attack FBI offices. . . . U.S. District Judge Joan Lenard said Tuesday the juror had violated her duty by refusing to deliberate and casting doubt on the law.
  • Deadline Nears to Help Retailer Make Wishes Come True

    10/30/2008 4:46:45 PM PDT · by SandRat · 3 replies · 252+ views
    HOFFMAN ESTATES, Ill., Oct. 30, 2008 – The deadline is tomorrow for servicemembers to apply for the Sears “Heroes at Home Wish Registry.” In consultation with the Defense Department, Sears has expanded the popular program, enabling America to fulfill holiday wishes for up to 20,000 servicemembers and their families. Military personnel can log on to www.sears.com/wish through tomorrow to apply for the Wish Registry. Between Nov. 2 and Dec. 25, Sears will invite America to help fulfill their wishes with a Sears gift card. “Since 1916, Sears has been committed to America’s servicemen and women with programs to employ...
  • Outrage:"The Big Red One" as a FASHION STATEMENT???

    09/10/2008 12:45:45 PM PDT · by gimme1ibertee · 59 replies · 569+ views
    http://www.breitbart.tv/?p=171143 ^ | 9/10/08 | breitbart tv
    Amazing...Check this out on breitbart TV. My apologies in advance if this is already in circulation here. Sears apparently has a deal in the works to launch a line of clothing with the "Big Red One" patch on it. Amazingly stupid,not to mention a slap in the face to all who served with that patch on their uniform. Here's the link..... http://www.breitbart.tv/?p=171143
  • BofA declines to renew Sears letter of credit

    04/18/2008 9:29:47 PM PDT · by BurbankKarl · 23 replies · 221+ views
    LA Times ^ | 4.18.08 | bloomberg
    Sears Holdings Corp., the retailer being reorganized by hedge fund investor Edward Lampert, said Bank of America Corp. refused to renew a $1-billion letter of credit under existing terms, sending the shares down 3.2% in after-hours trading Friday. Losing the credit probably won't affect Sears' access to cash, the Hoffman Estates, Ill., company said in a regulatory filing. The retailer had $1.62 billion in cash as of Feb. 2, a 58% decline from a year earlier. Retailers use letters of credit to assure vendors that they have money to pay for goods, and losing a bank's backing may mean having...
  • Jury finishes first day of deliberations in terror trial (nothing big, Sears Tower, please move on)

    03/28/2008 8:01:40 PM PDT · by Libloather · 3 replies · 366+ views
    KJCT8.com ^ | 3/28/08
    Jury finishes first day of deliberations in terror trialAssociated Press - March 28, 2008 5:33 PM ET MIAMI (AP) - A Florida jury has wrapped up its first day of deliberations in the trial of 6 men accused of plotting terrorist attacks against Chicago's Sears Tower and FBI offices. Before the deliberations started, prosecutors appealed to the jury not to buy defense claims that the plot was really just a con aimed at getting some money. The alleged ringleader testified that he faked interest in terrorism in an effort to scam $50,000 out of a man he thought had been...
  • Democrats for Boeing-The truth about the tanker deal

    03/15/2008 5:37:09 PM PDT · by smoothsailing · 42 replies · 2,189+ views
    Weekly Standard ^ | 3-24-08 | Christian Lowe
    Democrats for Boeing The truth about the tanker deal. by Christian Lowe 03/24/2008, Volume 013, Issue 27 It was one of those insider deals that give the defense industry a bad name, conjuring up images of smoke-filled negotiations between the brass and corporate fat cats in plush leather chairs. By the time it was over, two fat cats were in jail, a top Pentagon official had been forced to resign, a corporate CEO had lost his job, and the reputation of an iconic company that had served American troops for decades had suffered irreparable damage. Then it turned out it...
  • The Large US Companies That May Disappear In 2008

    01/30/2008 5:09:23 PM PST · by Snickering Hound · 220 replies · 692+ views
    Wall Street 24/7 ^ | 1-24-08 | Douglas A. McIntyre
    Firestone. American Motors. Texaco. Pan Am. Worldcom. At one point or another these large American companies were at the top of their industries. Pan Am was the leading global airline for decades. All are gone. Some were sold off. Others went bankrupt. Who could have predicted it? There are several iconic US companies that may well not exist at the end of 2008. Some may not even make it halfway through the year. Not all will go out of business. Some may simply be auctioned off in pieces. Others may be bought. These companies will not exist in their current...
  • Sears Using Spyware to Monitor Your Personal Information

    01/07/2008 4:28:34 PM PST · by 2ndDivisionVet · 16 replies · 346+ views
    switched/Aol news ^ | 01/03/2008 | Tim Stevens
    If you've signed up to receive e-mails from Sears, and then clicked on to join the retailer's "My SHC Community," it's likely you've been providing more information to more people than you thought. Even more troubling, it turns out that you're not just sharing information with Sears, but also with a company called comScore, which tracks and aggregates Internet browsing habits. Installing the software from Sears results in the installation of software called VoiceFive, which provides data to comScore. It's essentially spyware. comScore is the company behind the (disputed) numbers that indicated more people were stealing Radiohead's latest album than...
  • See Everything Your Friends And Neighbors Have Ever Bought At Sears

    01/04/2008 12:28:58 PM PST · by NinoFan · 41 replies · 104+ views
    The Consumerist ^ | consumerist
    Want to see all the major appliances and repair services that your friends and neighbors... (and anyone else who you can look up in the phone book) have ever purchased at Sears? Want to know what your mom might have purchased for your birthday? Want to know which houses in your neighborhood have really nice expensive TVs? Sears provides a website, www.ManageMyHome.com where anyone can look up anyone elses' entire purchase history at Sears—using only their name and address. This is especially convenient because these strange men keep dropping off huge lists of names and addresses on our door every...
  • Sears: Come see the softer side of spyware

    01/02/2008 5:52:58 PM PST · by LibWhacker · 22 replies · 333+ views
    ars technica ^ | 1/2/08 | Jacqui Cheng
    Sears and Kmart are places you might go when you need a new air conditioner filter or a lawnmower; they're not generally thought of as havens for spyware. But that's what the two stores have become, at least online, where their websites were found to be installing software to track users' every online move—all without their knowledge. Security researchers are now hammering Sears (the owner of both Sears.com and Kmart.com) for the move, despite Sears' claims that users were notified adequately beforehand. The story goes like this: late last year, Sears.com and Kmart.com began asking users if they wanted to...
  • Holiday Fundraiser for Military Families (Sears)

    12/20/2007 10:44:06 AM PST · by SZonian · 137+ views
    Military.com ^ | December 10, 2007 | Unknown
    Holiday Fundraiser for Military Families Week of December 10, 2007 Sears recently launched a fund-raising effort in stores, and online, to benefit Heroes at Home, a charitable program created in association with the nation's leading non-profit home rehabilitation organization, Rebuilding Together. Heroes at Home seeks to improve the lives of military families and veterans by making necessary repairs, improvements or modifications to their homes. To help raise funds for this program Sears will make a donation to Heroes at Home for every credit card purchase made at any of its Sears stores through Dec. 28, 2008. Customers can also make...
  • Kmart and Sears refuse to use the word CHRISTMAS in ads

    12/07/2007 11:39:59 AM PST · by Gopher Broke · 100 replies · 323+ views
    Liberty Counsel targets K-Mart, Sears for refusing to use 'Christmas' in ads Allie Martin OneNewsNow.com December 7, 2007 A Christian law firm is targeting two retail giants after they offended Christians with their advertising. Officials at Liberty Counsel say K-Mart and Sears have renamed "Christmas trees" to "holiday trees" in their advertising. According to Liberty Counsel founder Mat Staver, a ministry supporter asked K-Mart why it took the action. "A representative from Sears Holding Corporation, which owns K-Mart as well, wrote back and said that Sears is a diverse company and it did not want to offend any of its...
  • (99 Percent) Profit Plunge Slams Sears

    11/29/2007 11:24:18 AM PST · by Zakeet · 87 replies · 81+ views
    The Street.com ^ | November 29, 2007 | Nat Worden
    Shares of Sears Holdings dropped below the $100 mark on Thursday for the first time in their two-and-a-half year existence after the company reported disastrous third-quarter results that suggest its days as a retailer could be numbered. Fans of the company's chairman, Greenwich, Conn., hedge fund manager Ed Lampert, say that Sears may be a dying retailer, but it's cash can be invested elsewhere by a value-investing genius. Others say the path to riches at Sears lies in the hidden value of its real estate, which guarantees upside in the stock -- even in the event of a liquidation. With...
  • It looks like Santa’s on his way: Holiday store discounts loom...

    11/12/2007 2:39:54 AM PST · by 2ndDivisionVet · 25 replies · 209+ views
    The Tacoma News Tribune ^ | November 12, 2007 | Sandra M. Jones
    A disappointing October sales report Thursday sent a clear signal to retailers that they’ll have to pull out all the stops to get shoppers into their stores this holiday as declining home values, tighter credit terms and rising gas prices appear to have left consumers feeling spent. The nation’s biggest chain stores posted the second consecutive month of weak sales results, underscoring their concerns that sales growth this holiday season could be the slowest in five years. “Consumers are exerting a lot of caution,” said Mandy Putnam, vice president at TNS Retail Forward Inc., a Columbus, Ohio-based market research and...
  • Rebels Claim Responsibility For Sears Blast in Mexico

    08/03/2007 11:42:42 AM PDT · by Froufrou · 14 replies · 453+ views
    cnn.com ^ | 08/02/07 | Unknown
    A small leftist guerrilla group claimed responsibility for a homemade bomb that exploded outside a Sears store and another left outside a U.S.-owned bank in southern Mexico. The statement by the People's Revolutionary Army, or EPR, said the action was intended "to hit the interests of Mexican and foreign oligarchy." It was posted late Wednesday, hours after the blast, on a Web site that serves as clearinghouse for Latin American leftist and guerrilla groups. EPR statements with similar language and style have been posted there in the past. The bomb caused no injuries but damaged an entrance to the Sears...
  • Bomb explodes at Sears store in Mexico

    08/01/2007 2:17:10 PM PDT · by SwinneySwitch · 48 replies · 1,245+ views
    Houston Chronicle/ AP ^ | Aug. 1, 2007 | JOSE MARIA ALVAREZ
    OAXACA, Mexico — A small, homemade bomb exploded outside a Sears store in the troubled southern city of Oaxaca early Wednesday, damaging the entrance but causing no injuries, authorities reported. A similar bomb was found and deactivated outside the entrance of a nearby bank, state Attorney General Evencio Martinez told national radio station W Radio. "I believe it could be (the work of) local groups, given the type and style of device," Martinez said. He denied the bombs were related to the People's Revolutionary Army, a small leftist group that bombed gas pipelines in July. Sears in Mexico is operated...
  • Sears moves inside KMart to spark sales

    07/01/2007 3:19:55 AM PDT · by 2ndDivisionVet · 63 replies · 2,189+ views
    CHICAGO, June 29 (UPI) -- In a bold move to jump-start years of declining sales, Sears is reportedly placing some free-standing stores inside some K-Mart facilities. The discount chain is renting about 7,000 square feet inside existing Kmarts to Sears dealers in four towns -- Claremont, N.H.; Freedom, Calif.; Pell City, Ala.; and Zephyrhills, Fla. The dealers sell hardware, appliances, lawn equipment and some consumer electronics, the Chicago Tribune reported. Some observers see it as another step toward an expected merger. During the past year, Sears Holdings Corp. has been moving its best Sears brands into Kmart in an effort...