Content about Sears

HOFFMAN ESTATES, Ill. — Sears Holdings has appointed former Eli Lilly CIO Jeff Balagna as its new EVP and CIO. In his new role, Balagna will be responsible for all technology and infrastructure initiatives for the company in its support centers and in-store.

Research from DeWalt found that 650 out of 1,000 pros were aware of DeWalt mechanic tools. That's pretty good awareness. But DeWalt didn't have mechanics tools at the time of the survey.

It does now. And a partnership with Sears is bringing DeWalt wrenches, ratchets, sockets and mechanics tool sets online and in Sears stores in time for Father's Day.

DeWalt and Sears executives announced the news during a presentation at the National Hardware Show here at the Las Vegas Convention Center. 

Craftsman and Harley-Davidson have teamed up to produce co-branded, special-edition tool storage products available now in Sears stores and online.

As part of the partnership, Craftsman — the tool brand owned by Sears Holdings — has been named the official hand and power tool sponsor of the Harley-Davidson 110th Anniversary Celebration. 

HOFFMAN ESTATES, Ill. — Sears Holdings is offering a simple, cost-effective way for businesses to manage storage, picking, packing and shipping of customer orders from Sears Marketplace and other places a merchant sells products.

Fulfilled By Sears allows merchants to market and sell to members of the company's Shop Your Way Rewards program. Sears said members of the program buy and spend more and recently exceeded 60% of Sears’ transactions and sales.

HOFFMAN ESTATES, Ill. — Sears Holdings has launched a new business unit that will focus on the development of entertainment-driven fashion and lifestyle brands. The unit, called Shop Your Way brands, will be lead by Bernt Ullmann and his team from Star Branding, whose partners include Tommy Hilfiger, Andy Hilfiger, and Joe Lamastra.

HOFFMAN ESTATES, Ill. — Sears Hometown and Outlet Stores has elected James Gooch to its board of directors and as chair of the audit committee of the board of directors.

HOUSTON — Fashion accessories retailer Charming Charlie announced that Tom Fitzgerald has joined the company as EVP, CAO and CFO.

"We are confident that Tom's vision and specialty retail experience will bring tremendous value to our company as we continue to be the leading fashion accessories destination," said Charlie Chanaratsopon, Chief Executive Officer and Founder of charming charlie. "Tom is not only a leader in finance; he is a balanced and strategic business executive whose background will complement us well."

Fourth quarter operating profits at Sear’s Holdings on an adjusted basis improved. 22% and same store sales at Sears flagship stores turned modestly positive.

HOFFMAN ESTATES, Ill. — Sears is headed to the Food Network South Beach Wine & Food Festival this month to showcase its new lines of outdoor living furniture, patio sets and Kenmore grills.

Nineteen of the nation’s leading retail and CPG companies received perfect scores on the 2013 Corporate Equality Index compiled by the Human Rights Campaign.

The Human Rights Campaign released its 2013 Corporate Equality Index, which gives companies ratings of up to 100% based on their policies regarding LGBT employees and also released a buyer's guide for LGBT consumers. According to the equality advocacy group, a total of 1,848 companies were invited to submit applications, of those 530 actually did so and of those 252 received scores of 100%.

HOFFMAN ESTATES, Ill. — New York Mets baseball executive Paul DePodesta is the newest member of the Sears Holdings board.

Although his qualifications are somewhat unconventional, DePodesta was elected to the board because his experience as VP of player development and amateur scouting for the Mets is believe to help Sears Holdings in the area of personnel development.

The March of Dimes trustees elected Deidra Merriwether and Will Smith as the charitable group’s newest board members.

Merriwether serves as SVP and COO of Kmart and Sears format at Sears Holdings and Smith is SVP of marketing for Brown Shoe Company. Merriwether and Smith join a group of more than 30 trustees as the organization prepares to celebrate its 75th anniversary next year. March of Dimes trustees, who serve as volunteers, represent the public in governing the organization and advancing its mission. They serve five-year terms.