Content about ESTATES

July 25, 2013

Kmart is letting customers reserve items online and then pay for it and pick it up at the store, the mass merchandise retailer said.

HOFFMAN ESTATES, Ill. — Kmart is letting customers reserve items online and then pay for it and pick it up at the store, the mass merchandise retailer said.

The chain, a subsidiary of Sears Holdings, said the nationwide launch of Pay in Store for members of the Shop Your Way loyalty program marked a first in the company's "integrated retailing" program, calling it an example of how it is evolving to provide a seamless and integrated shopping experience for members, whether they shop online, through mobile or at the store.

July 22, 2013

Sears is offering electronic coupons for back-to-school shopping that it's calling the first of their kind.

HOFFMAN ESTATES, Ill. — Sears is offering electronic coupons for back-to-school shopping that it's calling the first of their kind.

The retailer announced Monday that it was the first retailer to offer "eCoupons" that can be redeemed in the store, online and from a mobile device, personalized for members of the Shop Your Way loyalty program based on their interests, style preferences and shopping habits. Members can download the coupons at ShopYourWay.com or through the mobile app and receive rewards like 2% back in points when using their Sears MasterCard.

July 17, 2013

Closely following its foray into toilet humor with "Ship My Pants" and "Big Gas Savings," Kmart is kicking off back-to-school season with another, similar campaign, this time involving a send-up of "yo mamma" jokes.

HOFFMAN ESTATES, Ill. — Closely following its foray into toilet humor with "Ship My Pants" and "Big Gas Savings," Kmart is kicking off back-to-school season with another, similar campaign, this time involving a send-up of "yo mamma" jokes.

May 28, 2013

Black turned to red for Kmart parent company Sears Holdings as the company reported losses of $279 million for first-quarter 2013, compared with a $189 million profit in first-quarter 2012.

HOFFMAN ESTATES, Ill. — Black turned to red for Kmart parent company Sears Holdings as the company reported losses of $279 million for first-quarter 2013, compared with a $189 million profit in first-quarter 2012.

At the same time, despite a 3.6% decline in comps during the quarter for the company's U.S. business, online business for its Sears.com and Kmart.com website grew by 20%, and members of its Shop Your Way loyalty program generated more than 60% of sales.

May 9, 2013

Sears Holdings has appointed Jeff Balagna as EVP and chief information officer, the Kmart parent company said Thursday.

HOFFMAN ESTATES, Ill. — Sears Holdings has appointed Jeff Balagna as EVP and chief information officer, the Kmart parent company said Thursday.

Balagna was previously chief information officer for drug maker Eli Lilly and will be responsible for Sears Holdings' technology and infrastructure initiatives in its support centers and in-store.

May 2, 2013

Among the highlights of the first Sears Holdings shareholder meeting since Edward Lampert became chairman and CEO were details on the company's progress in combining its brick-and-mortar and online businesses.

HOFFMAN ESTATES, Ill. — Among the highlights of the first Sears Holdings shareholder meeting since Edward Lampert became chairman and CEO were details on the company's progress in combining its brick-and-mortar and online businesses.

April 23, 2013

An armed robber allegedly stole sensitive electronic information on pharmacy customers from a Kmart store in Little Rock, Ark., last month, the mass merchandise retailer said.

HOFFMAN ESTATES, Ill. — An armed robber allegedly stole sensitive electronic information on pharmacy customers from a Kmart store in Little Rock, Ark., last month, the mass merchandise retailer said.

March 25, 2013

Kmart is collecting donations for the March of Dimes Foundation for the 30th year in a row, the mass merchandise retailer said.

HOFFMAN ESTATES, Ill. — Kmart is collecting donations for the March of Dimes Foundation for the 30th year in a row, the mass merchandise retailer said Monday.

Kmart said that since 1983, it had raised more than $106 million for the non-profit group, which is focused on the needs of mothers and infants, including $8 million last year.

March 18, 2013

The Environmental Protection Agency has given Sears Holdings a 2013 Energy Star Partner of the Year - Sustained Excellence Award, the company said Monday.

HOFFMAN ESTATES, Ill. — The Environmental Protection Agency has given Sears Holdings a 2013 Energy Star Partner of the Year - Sustained Excellence Award, the company said Monday.

Sears Holdings, which operates Kmart, said its efforts to promote sustainability and energy efficiency would be recognized at a ceremony in Washington on March 26.

The company has been an Energy Star partner since 1998.

March 1, 2013

Kmart is distributing extra points to members of its loyalty program to mitigate the effects of high living costs, the retailer said Friday.

HOFFMAN ESTATES, Ill. — Kmart is distributing extra points to members of its loyalty program to mitigate the effects of high living costs, the retailer said Friday.

The mass merchandise retail chain said it would distribute more than $150 million worth of points to Shop Your Way Rewards members across the country, allowing them to redeem the extra points through March 7 on such items as groceries, clothing, electronics and home goods.

February 28, 2013

Kmart's comps declined 3.7% for the fourth quarter and fiscal year 2012, while parent company Sears Holdings' integrated online business grew by 25% for the quarter and 17% for the year, Sears Holdings said Thursday.

HOFFMAN ESTATES, Ill. — Kmart's comps declined 3.7% for the fourth quarter and fiscal year 2012, while parent company Sears Holdings' integrated online business grew by 25% for the quarter and 17% for the year, Sears Holdings said Thursday.

Sears' U.S. stores, on the other hand, posted a 0.8% increase in comps for the fourth quarter and a 1.4% decrease for the year, while the company's Canadian stores saw comps decline by 3.8% for the quarter and 5.6% for the year.

February 15, 2013

Sears Holdings, the parent company of mass merchandiser Kmart, is throwing its support behind a bill that would grant states authority to enforce existing sales tax laws and require out-of-state online retailers to collect and remit sales taxes on sales made to their residents.

HOFFMAN ESTATES, Ill. — Sears Holdings, the parent company of mass merchandiser Kmart, is throwing its support behind a bill that would grant states authority to enforce existing sales tax laws and require out-of-state online retailers to collect and remit sales taxes on sales made to their residents.

The Marketplace Fairness Act was sponsored by Sens. Dick Durbin, D-Ill.; Mike Enzi, R-Wyo.; Lamar Alexander, R-Tenn.; and Heidi Heitkamp, D-N.D.; as well as Reps. Steve Womack, R-Ark.; Kristi Noem, R-S.D.; Peter Welch, D-Vt.; and John Conyers, D-Mich.

February 6, 2013

Kmart is marking Black History Month in February with a financial empowerment campaign aimed at African-Americans, the mass merchandise retailer said.

HOFFMAN ESTATES, Ill. — Kmart is marking Black History Month in February with a financial empowerment campaign aimed at African-Americans, the mass merchandise retailer said Wednesday.

Kmart said it would partner with Essence Magazine senior editor for personal finance and careers Tanisha Sykes for the sixth-annual Share the Word campaign.

January 8, 2013

The CEO of Sears Holdings is stepping down due to unspecified family health reasons, the company said.

HOFFMAN ESTATES, Ill. — The CEO of Sears Holdings is stepping down due to unspecified family health reasons, the company said.

Sears, the parent company of Kmart, said Lou D'Ambrosio would step down on Feb. 2, the end of the company's fiscal year. Edward Lampert will assume the role of CEO and chairman, while D'Ambrosio will remain on the board until the company's next annual meeting, in May 2013.

December 18, 2012

The parent company of Sears and Kmart has elected an executive from the New York Mets to its board of directors.

HOFFMAN ESTATES, Ill. — The parent company of Sears and Kmart has elected an executive from the New York Mets to its board of directors.

Sears Holdings announced the appointment of Mets VP player development and amateur scouting Paul DePodesta. His election to the board brings the total number of board members to eight.

November 19, 2012

Sears Holdings, the parent company of Kmart and Sears, is looking to shift its business model to one that focuses on members of its Shop Your Way program and their shopping experience, the company said in its third quarter 2012 earnings report.

HOFFMAN ESTATES, Ill. — Sears Holdings, the parent company of Kmart and Sears, is looking to shift its business model to one that focuses on members of its Shop Your Way program and their shopping experience, the company said in its third-quarter 2012 earnings report.

November 6, 2012

Kmart and Sears are offering free shipping for certain online orders as the holiday shopping season approaches.

HOFFMAN ESTATES, Ill. — Kmart and Sears are offering free shipping for certain online orders as the holiday shopping season approaches.

Sears Holdings, the company that operates the two chains, said customers with orders of $49 or more from Kmart.com, Sears.com and MyGofer.com can receive free shipping. The company cited a recent "Sears Online Holiday Shopping Survey" that found most online shoppers listed shipping costs as their primary frustration with buying gifts online.

November 2, 2012

Sears and Kmart are offering more than a quarter-million dollars in rewards for members of their loyalty program and sending emergency equipment from 42 distribution centers in the wake of Hurricane Sandy, parent company Sears Holdings said.

HOFFMAN ESTATES, Ill. — Sears and Kmart are offering more than a quarter-million dollars in rewards for members of their loyalty program and sending emergency equipment from 42 distribution centers in the wake of Hurricane Sandy, parent company Sears Holdings said.

November 2, 2012

Sears Holdings has announced that Ryan Vero will join the company as SVP and president of grocery, drug and pharmacy.

HOFFMAN ESTATES, Ill. — Sears Holdings has announced that Ryan Vero will join the company as SVP and president of grocery, drug and pharmacy.

Vero most recently served as the EVP and chief merchandising/marketing officer for OfficeMax. In his new role with Sears Holdings, Vero will be responsible for the oversight, leadership and growth, both in-store and online, for the company's grocery, drug and pharmacy businesses.

October 29, 2012

Sears Holdings said it was “rushing” emergency supplies to stores on the East Coast ahead of Hurricane Sandy.

HOFFMAN ESTATES, Ill. – Sears Holdings said it was “rushing” emergency supplies to stores on the East Coast ahead of Hurricane Sandy.

The company, which operates the Sears and Kmart chains, said it would stock up on portable generators, chainsaws, gasoline cans, flashlights and other equipment at stores from North Carolina to Maine.

October 8, 2012

Kmart and Sears are eliminating layaway service fees, starting a layaway home-delivery service and new in-store mobile features for what the company expects to be the busiest shopping season since 2007.

HOFFMAN ESTATES, Ill. — Kmart and Sears are eliminating layaway service fees, starting a layaway home-delivery service and new in-store mobile features for what the company expects to be the busiest shopping season since 2007.

October 3, 2012

Sears Holdings now is offering its Kmart and Sears customers the option of ship-to-home delivery for items purchased through online layaway.

HOFFMAN ESTATES, Ill. — Sears Holdings now is offering its Kmart and Sears customers the option of ship-to-home delivery for items purchased through online layaway.

The new service, also available on store kiosks, now enables shoppers to select, purchase and have the items delivered directly to their homes, bypassing the layaway line altogether. Both retailers will begin the exclusive layaway ship-to-home service starting Nov. 7.

Sears has also joined Kmart in removing all layaway service fees both online and in-store leading up to the holiday season.

September 7, 2012

Kmart has removed its layaway service fee both in stores and online through Nov. 17.

HOFFMAN ESTATES, Ill. — Kmart has removed its layaway service fee both in stores and online through Nov. 17.

The mass retailer, which offers the program year round, said the decision to make the program free "emphasizes the company's commitment to delivering value and convenience to customers, acknowledging family budgets are strained during the holiday."

August 16, 2012

Sears Holdings, the parent company of Kmart, posted a 3.7% decline in same-store sales and a $132 million loss for second quarter 2012, according to financial results announced Thursday.

HOFFMAN ESTATES, Ill. — Sears Holdings, the parent company of Kmart, posted a 3.7% decline in same-store sales and a $132 million loss for second quarter 2012, according to financial results announced Thursday.

August 3, 2012

Kmart announced it is providing its customers with back-to-school offers.

HOFFMAN ESTATES, Ill. — Kmart announced it is providing its customers with back-to-school offers.

Until Aug. 18, the retailer said its shoppers will receive 5% off new in-store layaway purchases and noted that online shoppers also can utilize online layaway or shop online and pick up items in stores. Kmart also said for the back-to-school season, its Shop Your Way loyalty program is offering the following deals: