Investment Analysts Sees Sears in ‘Death Spiral’
There’s good buzz and then there’s the kind Sears Holdings – parent of Sears and Kmart stores and a ton a valuable real estate – has been getting of late. Sears’ negative press in recent months has been more of a public flogging. First, neither Sears nor Kmart stores faired very well in the recent
Sears Launches Two New Roadhandlers
Troubled Sears Auto Center has added two new tires to its product screen. Last week, Sears Holdings said it was considering spinning off its Sears Auto Center business as part of an overall restructuring of the struggling retailer. The new Sears Roadhandler tires include the Roadhandler Light Truck and the Roadhandler Sport. "We are excited
Troubled Sears ‘Evaluating Options’ for Auto Center Operations
Struggling Sears Holdings Corp. is considering plans to spin off its U.S. Sears Auto Center businesses from the rest of the company, while its Canadian arm is poised to sell five large urban locations in a deal worth $384 million. In addition to possibly spinning off its Sear Auto Centers business, Sears Holding is considering
Sears Honors Hankook for Roadhandler Work
Hankook Tire America Corp.’s efforts to produce Sears Roadhandler tires earned it honors as a 2013 Partner in Transformation for Sears Holdings Corp. Byeong Jin Lee, president of Hankook Tire America Corp., accepted the award at the Sears Holdings 2013 Vendor Summit last week. “Hankook is a proud vendor of Sears and we are honored
Sears Sets New National Campaign for Auto Centers
Sears Holdings Corp. is launching an all-new "highly integrated" national advertising campaign to prop up its 800 U.S. Sears Auto Center locations. The new campaign, said Sears, "will showcase the brand’s commitment to re-connecting with customers through trust and peace of mind when it comes to auto maintenance and repair." The effort will encompass TV,
Hunter Engineering Named Top Sears Supplier
Hunter Engineering Co. was named a 2011 Partner in Transformation and received the CEO Award for Innovation from Sears Holdings Corp. Hunter Engineering received the awards for "making a significant contribution to the growth of Sears Auto Center business by providing new technologies to better serve Sears customers," the company said. Hunter Engineering chairman Stephen Brauer
Auto Centers Closing as Part of Sears Reduction
At least 30 Sears Auto Centers will be among those locations closed as part of Sears Holding Corp.’s plan to close as many as 120 of its retail stores. The reeling retailer announced before the holidays that it would close from 120 to 140 Sears and Kmart stores in an effort to reduce costs. Sears
Live at SEMA: Radar Tires in Sears, Launch Pink Sidewall Edition
Omni United launched its new “Ring of Hope,” a limited edition pink-walled version of its Radar RPX 900 tire.
Sears Gets Proprietary Hunter Alignment System
Sears has struck a deal with Hunter Engineering to purchase, install and use proprietary alignment equipment at its Sears Auto Center locations. According to Sears, the Hunter HawkEye Elite 3D wheel alignment system has been installed at some 50% of its 850 U.S. locations. The system, said Sears, "reduces the time to check a vehicle’s
Sears Taps Cooper as Top Supplier
Sears Holdings Corp. named Cooper Tire & Rubber Co. a 2010 Partner in Progress, an award that recognizes those suppliers who have a strong commitment to supplying Sears with high quality products and delivering superior customer service. The company grants the awards annually, and of the more than 30,000 suppliers that work with Sears, less