Content about ESTATES

March 2, 2011

Kmart is continuing its support of the March of Dimes by collaborating with the organization for the 28th time.

HOFFMAN ESTATES, Ill. — Kmart is continuing its support of the March of Dimes by collaborating with the organization for the 28th time.

The retailer said it would raise funds to benefit the organization, whose goal is to help improve the health of babies by preventing birth defects, premature birth and infant mortality. Last year, Kmart associates raised more than $10.5 million through donations from customers, family and friends to benefit the lives of millions of babies that are born in the United States each year.

February 24, 2011

Mass merchandiser Kmart had sales of $4.99 billion during fourth quarter 2010 and $15.6 billion for the year as a whole, according to an earnings statement released Thursday by parent company Sears Holdings.

HOFFMAN ESTATES, Ill. — Mass merchandiser Kmart had sales of $4.99 billion during fourth quarter 2010 and $15.6 billion for the year as a whole, according to an earnings statement released Thursday by parent company Sears Holdings.

The sales for the quarter, which ended Jan. 29, were a slight improvement over fourth quarter 2009 sales of $4.92 billion, while the annual sales represented a decline in dollar terms from 2009’s $15.74 billion. Comparable-store sales for the year increased in percentage terms, by 0.7%, while quarterly sales increased by 2.5%.

February 22, 2011

Kmart on Monday implemented a discounted offer on flu shots to those who have not yet been vaccinated.

HOFFMAN ESTATES, Ill. — Kmart on Monday implemented a discounted offer on flu shots to those who have not yet been vaccinated.

Kmart said it is offering customers $15 flu shots, while supplies last, and also will offer 15,000 points (a $15 value) to members of its Shop Your Way Rewards loyalty program, when a vaccination is purchased.

The flu shots are available at more than 500 Kmart Pharmacy locations and are administered by trained practitioners.

January 31, 2011

Kmart announced that it is teaming up with comedian Steve Harvey for its Share the Word campaign celebrating Black History Month.

HOFFMAN ESTATES, Ill. — Kmart announced that it is teaming up with comedian Steve Harvey for its Share the Word campaign celebrating Black History Month.

According to the company, this year's installment of the Share the Word program was designed to spotlight the unique bonds found in black communities that historically have driven the progression of African-Americans.

January 18, 2011

Fast on the heels of her departure from Ahold USA’s Giant Foods of Landover supermarket unit, Robin Michel has been tapped for an increasingly critical role at retail giant Sears Holdings. Michel, who left as president of Giant-Landover in December 2010, will serve as SVP and president of food and consumables, health and beauty and pharmacy at Sears and its Kmart subsidiary.

HOFFMAN ESTATES, Ill. — Fast on the heels of her departure from Ahold USA’s Giant Foods of Landover supermarket unit, Robin Michel has been tapped for an increasingly critical role at retail giant Sears Holdings. Michel, who left as president of Giant-Landover in December 2010, will serve as SVP and president of food and consumables, health and beauty and pharmacy at Sears and its Kmart subsidiary.

January 17, 2011

Sears Holdings released its year-end outlook for the fiscal year 2010 ending Jan. 29.

HOFFMAN ESTATES, Ill. — Sears Holdings released its year-end outlook for the fiscal year 2010 ending Jan. 29.

For the full year, the company expects a net income of $210 million, with a fourth-quarter income expectation of between $370 million and $450 million, offsetting the company’s past two quarterly losses.

The company also posted up-to-date comparable-store sales for both its Sears Domestic and Kmart stores.

For the quarter-to-date, comparable-store sales for its Sears stores were down 5.3%, with Kmart stores seeing an increase of 3.4%.

January 11, 2011

A 2.3% same-store sales gain at Kmart was not enough to offset a 6% decline at Sears, resulting in an overall 1.7% decline for the combined companies' domestic operations during the five-week December reporting period ended Jan. 1.

HOFFMAN ESTATES, Ill. — A 2.3% same-store sales gain at Kmart was not enough to offset a 6% decline at Sears, resulting in an overall 1.7% decline for the combined companies' domestic operations during the five-week December reporting period ended Jan. 1.

January 4, 2011

Sears Holdings' SVP procurement and finance has been promoted.

HOFFMAN ESTATES, Ill. — Sears Holdings' SVP procurement and finance has been promoted.

Deidra Cheeks Merriwether now holds the title of SVP and president of retail services, succeeding James Haworth. In this role, Merriwether, who joined the corporation in 2001, will be responsible for the oversight and leadership of retail services for the broadline retailer's Kmart and Sears stores.

Merriwether currently serves as a member of Sears Canada's board of directors and is the executive sponsor of the company's African-American Associate Network.

November 10, 2010

Former Kmart CEO Charles Conaway has agreed to drop his appeal of a $10 million...

HOFFMAN ESTATES, Ill. — Former Kmart CEO Charles Conaway has agreed to drop his appeal of a $10 million fine levied last year by the Securities and Exchange Commission for his role in misleading investors. Conaway, who ran Kmart a decade ago after serving as president of CVS, will pay $5.5 million to settle the charges, according to reports from the Associated Press and other news sources.

September 29, 2010

Kmart is introducing its private-label brand, Smart Sense, offering customers products for almost 20% less...

HOFFMAN ESTATES, Ill. — Kmart is introducing its private-label brand, Smart Sense, offering customers products for almost 20% less than the leading brand. The Smart Sense line currently consists of hundreds of products available in Kmart stores, and will expand to more than 1,200 items by early 2011.

September 27, 2010

Kmart Pharmacy is introducing an incentive program by which customers will be rewarded for transferring...

HOFFMAN ESTATES, Ill. — Kmart Pharmacy is introducing an incentive program by which customers will be rewarded for transferring their prescriptions to a Kmart Pharmacy, and the retailer also will support The Breast Cancer Research Foundation.

 

September 23, 2010

Kmart tapped "Modern Family" star Rico Rodriguez to unveil the retailer's Fab 15 toy list...

HOFFMAN ESTATES, Ill. — Kmart tapped "Modern Family" star Rico Rodriguez to unveil the retailer's Fab 15 toy list for the upcoming holiday season.

As Kmart's "fun ambassador," Rodriguez, who plays Manny on the hit ABC show, revealed the list in New York's Times Square on Friday. Must-have toys featured on the list this year include Paper Jamz guitars, Hot Wheels R/C stealth rides, Loopz and more.

September 19, 2010

Kmart Pharmacy's more than 900 walk-in flu clinics will be open through Nov. 15 for...

HOFFMAN ESTATES, Ill. — Kmart Pharmacy's more than 900 walk-in flu clinics will be open through Nov. 15 for customers looking to purchase a seasonal flu vaccination.

September 12, 2010

Kmart Pharmacy is hosting its semi-annual diabetes education day on Wednesday at Kmart locations nationwide....

HOFFMAN ESTATES, Ill. — Kmart Pharmacy is hosting its semi-annual diabetes education day on Wednesday at Kmart locations nationwide.

As part of its diabetes education day, Kmart is offering blood-glucose meter demonstrations; blood pressure, body mass index and memory screenings; and educational information on raising diabetes awareness to its pharmacy patients. According to the American Diabetes Association, more than 23 million people in the United States have diabetes, which accounts for about 8% of the population.

August 17, 2010

Proceeds from Jaclyn Smith clothing sold at Kmart will go toward breast cancer research as...