Earns Sears Holdings

2010-02-23T16:45:59Z

In this photo made Monday, Feb. 22, 2010, a Sears television ad is seen on flat screen televisions at the Sears retail store in Burbank, Calif. Sears Holdings Corp. posted its best quarterly profit in three years, the department store chain said Tuesday. (AP Photo/ Damian Dovarganes)

Retailers profits rise, but customers hold back

2010-02-23T16:45:19Z

<div id="subtitle">Retailers post better fourth-quarter profits, remain in waiting game with reticent customers</div><div><p>A fleet of the nation's biggest merchants reported mostly better fourth-quarter profits Tuesday after a holiday season marked by cautiously stocked shelves and well-managed markdowns.</p><p>But the rosier results mask a tough reality: To build on their halting improvements, retailers will need shoppers who are willing and able to spend m...

Economy

2010-02-23T15:01:17Z

In this photo taken Monday, Feb. 22, 2010, people shop at the Sears retail store in Burbank, Calif. Rising job worries sent the Consumer Confidence Index to its lowest point in 10 months, raising concerns about the economic recovery. (AP Photo/Damian Dovarganes)

Sears profit more than doubles in 4Q

2010-02-23T13:45:14Z

<div id="subtitle">Sears Holdings earns $430 million in 4th quarter; profit more than doubles as revenue dips</div><div><p>A return of Kmart shoppers and an effort to cut costs helped Sears Holdings Corp. post its best quarterly profit in three years, the department store chain said Tuesday.</p><p>Led by financier ...

Retail results improve but consumers still wary

2010-02-23T12:17:26Z

<div><p>CHICAGO (Reuters) - For retailers that sell everything from toilet paper to refrigerators, 2010 may be more about winning sales from competitors than about getting consumers to buy a lot more of their merchandise.</p><p>Discounters like Target Corp <TGT.N&g...

Summary box: Sears more than doubles profit

2010-02-23T10:30:57Z

<div id="subtitle">Sears Holdings reports strongest 4Q profit in 3 years, eyes Web and brands for growth</div><div><p>THE BOTTOM LINE: Sears Holdings Corp. posted its most profitable quarter in three years on Tuesday, saying it earned $430 million, or $3.74 per share. That's more than double last year's results.</p><p>THE METHOD: Sears has carefully cut costs and inventory, but i...

At A Glance: Sears Holdings 4Q

2010-02-23T06:00:32Z

<div id="subtitle">Sears Holdings profit more than doubles thanks to cost cutting, stronger Kmart business</div><div><p>PROFIT UP: Sears Holdings Corp. earned $430 million, or $3.74 per share, during the fourth quarter, up from $190 million, or $1.55 per share, during the same period last year. Excluding one-time items, the co...

Sears profit more than doubles, revenue slips

2010-02-23T04:00:13Z

<div><p>NEW YORK (Reuters) - Sears Holdings Corp's <SHLD.O> quarterly profit more than doubled as lower costs helped blunt the impact of slightly weaker revenue.</p><p>The operator of the Sears and Kmart store chains said net income more than doubl...

Sears Holdings plans to close 21 stores by spring

2010-02-22T15:45:48Z

<div id="subtitle">Sears Holdings to close 21 more Kmart, Sears, Sears Essentials stores, affecting 1,000 workers</div><div><p>Sears Holdings Corp. said Monday that it plans to shut 21 more stores around the country.</p><p>The announcement brings to 56 the number of stores that the owner of Sears and Kmart has said...

pamela anderson fragrance

2010-02-14T18:45:51Z

Pamela Anderson promotes her new fragrance 'Malibu' at Sears in Del Amo Fashion Mall Torrance, USA - 13.02.10

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pamela anderson fragrance 2

2010-02-14T18:32:49Z

Pamela Anderson promotes her new fragrance 'Malibu' at Sears in Del Amo Fashion Mall Torrance, USA - 13.02.10

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Short seller bets on stock drops lifting prices

2010-02-22T12:13:11Z

<div id="subtitle">Wonder why some stocks are levitating? Maybe too many investors are trying to push them down</div><div><p>Americans are cutting back on luxuries, but you wouldn't know it from the shares of boat retailer MarineMax. This seller of everything from tiny Boston Whalers to 100-foot Hatteras yachts hasn't made a dime in two years, and analysts don't expect it to do so ...

Stock buybacks could be back in vogue in 2010

2010-02-22T18:04:15Z

<div><p>NEW YORK (Reuters) - Share buybacks by U.S. corporations could be back in style this year as an improving economy makes companies more willing to loosen their purse strings to fund transactions that could reward investors with a higher share price.</p><p>Repurchases rose solidly through the boom years starting ...

What is E-Waste, And How do I Get Rid of It?

2010-02-22T20:07:44Z

Modern technology provides us with many conveniences, from cell phones and laptop computers that make our entire lives portable to energy-efficient washers and dryers that use half the power and time to complete their tasks. However, these new toys and gadgets leave behind them a wake of outdated, unwanted contraptions.<br><br>Electronic waste includes everything from empty printer ink cartridges to broken refrigerators. As people purchase new items to replace agin...

Sears names new retail executive

2010-02-22T21:34:44Z

<div id="subtitle">Sears Holdings names former Wal-Mart executive to lead retail services division</div><div><p>Sears Holdings Corp. said Tuesday that it hired a former Wal-Mart executive to lead its retail services division, overseeing growth at the company's stores.</p>&...

Sears expands online efforts

2010-02-22T23:56:06Z

<div id="subtitle">Sears launches online marketplace, opens Web to outside vendors and competitors</div><div><p>Sears Holdings Corp. joined at least two other major retailers Thursday in allowing third parties — including some rivals — to sell items on its Web site.</p><p>Sears' latest push to beef up its Web presence follows simila...

Somerset mall owners buy ex-Kmart headquarters

2010-02-22T23:57:28Z

<div id="subtitle">Owners of suburban Detroit's upscale Somerset mall buy ex-Kmart headquarters for $17.5 million</div><div><p>Public records say the owner of southeastern Michigan's upscale Somerset mall has bought the adjacent former Kmart Corp. headquarters site for $17.5 million....

Retail Sales

2010-01-07T08:45:49Z

In this photo made Saturday, Dec. 19, 2009, a shopper looks through items on sale at a Sears store in Chicago. The nation's retailers are reporting signs of life in December sales figures that show modest holiday gains. (AP Photo/Jim Prisching)

Sears Holdings expects 4Q gains on Kmart strength

2010-02-23T00:09:15Z

<div id="subtitle">Sears anticipates adjusted 4th-quarter gains as Kmart continues to show strength; shares climb</div><div><p>Sears Holdings Corp. expects its fourth-quarter adjusted profit to come in sharply above last year's results thanks to stronger sales at its Kmart chain — a sign fortune...

Frustrated Shoppers Can't Find Deep Discounts

2010-02-23T11:44:47Z

<div id="subtitle">Wal-Mart tops list of 2009 retail winners</div><div><p>Over half of American consumers (50.4 percent) who haven't yet finished their Christmas shopping say that lack of discounts of 60 percent to 70 percent off have had a negative effect on their shopping experience this year.</p><p>According to the latest Christmas Retail ...

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