Content about ESTATES

May 23, 2012

Kmart has introduced a walk-in bill payment service in its stores, the mass merchandise retail chain said Wednesday.

HOFFMAN ESTATES, Ill. — Kmart has introduced a walk-in bill payment service in its stores, the mass merchandise retail chain said Wednesday.

Kmart announced the introduction of the CheckFreePay walk-in bill payment service from Fiserv, which allows customers at all of the chain's stores to pay bills from more than 3,000 companies, including utility, credit card and auto loan bills, for $1.50 or less per transaction, with cash or a PIN-based debit card.

May 18, 2012

Sears Holdings reported profits of $189 million during first quarter 2012, compared with a $165 million loss in first quarter 2011, the company said.

HOFFMAN ESTATES, Ill. — Sears Holdings reported profits of $189 million during first quarter 2012, compared with a $165 million loss in first quarter 2011, the company said.

"We are pleased with the results for the first quarter and our progress toward restoring profit growth and transforming our company," president and CEO Lou D'Ambrosio said.

May 4, 2012

Kmart is introducing prescription pet medications at its stores, the mass merchandise retail chain said Friday.

HOFFMAN ESTATES, Ill. — Kmart is introducing prescription pet medications at its stores, the mass merchandise retail chain said Friday.

The company said the new program was designed to make it easier for customers to get branded and generic pet drugs and more convenient to shop for the whole family. More than 60% of American households own a pet, and families spent more than $50 billion on their pets in 2011, according to the American Pet Products Association.

May 1, 2012

Sears Holdings, the parent company of Kmart, expects to make a profit of between $155 million and $195 million in first quarter 2012, compared with a $165 million loss in first quarter 2011, the company said Tuesday.

HOFFMAN ESTATES, Ill. — Sears Holdings, the parent company of Kmart, expects to make a profit of between $155 million and $195 million in first quarter 2012, compared with a $165 million loss in first quarter 2011, the company said Tuesday.

In a statement released in advance of its annual shareholders meeting Wednesday, Sears Holdings said the profit includes $235 million from the sales of stores in the United States and Canada, which generated $440 million of cash proceeds.

February 23, 2012

"Integrated retail" was the dominant theme as executives discussed Kmart operator Sears Holdings' plans to restore confidence in the company after a fourth quarter 2011 that even the company's chief executive called "unacceptable" during an earnings call Thursday.

HOFFMAN ESTATES, Ill. — "Integrated retail" was the dominant theme as executives discussed Kmart operator Sears Holdings' plans to restore confidence in the company after a fourth quarter 2011 that even the company's chief executive called "unacceptable" during an earnings call Thursday.

February 17, 2012

Sears is striving to help customers get healthy with a series of innovations that integrate in-store and online fitness retailing. A key component of the initiative is its “Fitness Flagship” store-within-a-store concept.

HOFFMAN ESTATES, Ill. — Sears is striving to help customers get healthy with a series of innovations that integrate in-store and online fitness retailing. A key component of the initiative is its “Fitness Flagship” store-within-a-store concept.


February 17, 2012

Kmart operator Sears Holdings is emphasizing a program that it said is designed to empower African-American entrepreneurs.

HOFFMAN ESTATES, Ill. — Kmart operator Sears Holdings is emphasizing a program that it said is designed to empower African-American entrepreneurs.

The company said it would continue its "Share the Word?" program through 2012, its fifth year, and focus on African-American entrepreneurs with the Own a Sears Store program.

January 5, 2012

Sears Holdings recently finished its latest "Fitness Flagship" store-within-a-store, which it now has at more than 30 Sears stores, the retailer said.

HOFFMAN ESTATES, Ill. — Sears Holdings recently finished its latest "Fitness Flagship" store-within-a-store, which it now has at more than 30 Sears stores, the retailer said.

Sears Holdings, which operates the Sears and Kmart store chains, said the 6,000-sq.-ft. stores feature polished hardwood stores, tall mirrors and expanded fitness equipment layouts designed to resemble a gym.

January 3, 2012

Kmart parent company Sears Holdings hired Ron Boire as EVP, chief merchandising officer and president of Sears and Kmart formats.

HOFFMAN ESTATES, Ill. — Kmart parent company Sears Holdings hired Ron Boire as EVP, chief merchandising officer and president of Sears and Kmart formats.

Boire, who previously was president and CEO of Brookstone, will lead merchandising and retail stores for both the Sears and Kmart brands.

"He will work with our leadership team to better serve our customers and Shop Your Way Rewards Members by integrating their experiences across our stores, online, services, and mobile capabilities," the company said.

December 9, 2011

Kmart.com customers have the opportunity to save up to 70% across popular categories on Dec. 12.

HOFFMAN ESTATES, Ill. — Kmart.com customers have the opportunity to save up to 70% across popular categories on Dec. 12.

The day, dubbed Green Monday by parent company Sears Holdings, provides more than 500 deals that are as good as Cyber Monday prices, the company reported.

The promotion also is being held on Sears.com.

December 1, 2011

Kmart is boosting its Shop Your Way Rewards program by offering members the opportunity to earn $50 in points to put toward their January 2012 Kmart purchases.

HOFFMAN ESTATES, Ill. — Kmart is boosting its Shop Your Way Rewards program by offering members the opportunity to earn $50 in points to put toward their January 2012 Kmart purchases.

From Dec. 1 to Dec. 24, Shop Your Way Rewards members who purchase $250 or $500 of qualifying Kmart merchandise can earn up to $50 in points to put towards purchases made from Jan. 1 through Jan. 31, 2012.

November 22, 2011

In line with the unveiling of its Cyber Monday offerings, Kmart parent company Sears Holdings announced the debut of enhanced features across its e-commerce and m-commerce platforms.

HOFFMAN ESTATES, Ill. — In line with the unveiling of its Cyber Monday offerings, Kmart parent company Sears Holdings announced the debut of enhanced features across its e-commerce and m-commerce platforms.

November 9, 2011

Sears and Kmart have entered the future of staying connected to consumers introducing mobile shopping walls in high-traffic areas.

HOFFMAN ESTATES, Ill. — Sears and Kmart have entered the future of staying connected to consumers introducing mobile shopping walls in high-traffic areas.

The shopping walls, which will feature top toys that customers can purchase from their smartphones by scanning the products' QR code, will be available in select malls across the United States, and, for Kmart only, in movie theater lobbies in major markets. Additionally, shoppers can find the Sears and Kmart mobile walls in airports in Chicago, Dallas, Denver and Puerto Rico, and at bus shelters nationwide.

October 31, 2011

With the holiday season just around the corner, Sears Holdings is aiming to make shopping more rewarding by offering five times the Shop Your Way Rewards points — equal to 5% back — on all qualifying purchases.

HOFFMAN ESTATES, Ill. — With the holiday season just around the corner, Sears Holdings is aiming to make shopping more rewarding by offering five times the Shop Your Way Rewards points — equal to 5% back — on all qualifying purchases.

The offer, which is available to all Sears credit cardholders who also are Shop Your Way Rewards members, begins immediately at both Sears and Kmart stores, and will continue year-round at Kmart. Sears is providing the offer until Jan. 28, 2012.

October 28, 2011

Kmart has announced that it is providing seasonal flu vaccinations at its more than 900 Kmart pharmacies nationwide.

HOFFMAN ESTATES, Ill. — Kmart has announced that it is providing seasonal flu vaccinations at its more than 900 Kmart pharmacies nationwide.

In addition, members of Kmart Pharmacy's Prescription Savings Club will pay just $20 for the flu shot. Kmart Pharmacy also offers the high-dose flu shot (indicated for those ages 65 years and older). Many prescription insurance programs cover flu shots, including Medicare Part B and D.

September 20, 2011

Kmart has announced its list of the top toys for the 2011 holiday season.

HOFFMAN ESTATES, Ill. — Kmart has announced its list of the top toys for the 2011 holiday season.

Unveiling its third annual Fab 15 toy list, Kmart said that this year's list features the hottest toys of the season from such brands as Hasbro, Mattel and more. The listed items range from $29.99 to $99.99.

  1. Let's Rock Elmo

  2. Fijit

  3. I am T-Pain microphone

  4. Barbie Designable Hair Extensions and Doll

September 15, 2011

Kmart is launching a scholarship fund as part of its recognition of National Hispanic Heritage Month.

HOFFMAN ESTATES, Ill. — Kmart is launching a scholarship fund as part of its recognition of National Hispanic Heritage Month.

The mass merchandise retailer announced Thursday the launch of the Latina Smart Fund, promoted through its Latina Smart Facebook page, which will award $25,000 in scholarships to graduating high school seniors and students currently enrolled in college, technical or trade schools.

September 8, 2011

Sears Holdings announced that former UPS executive Raj Penkar is joining the company as SVP and president of the company's supply chain.

HOFFMAN ESTATES, Ill. — Sears Holdings announced that former UPS executive Raj Penkar is joining the company as SVP and president of the company's supply chain.

In his new role, Penkar will be accountable for all aspects of the company's supply chain, including logistics, warehousing, inventory management and distribution. Prior to joining Sears, Penkar worked at UPS for 24 years and most recently served as president of UPS' customer solutions division.

August 24, 2011

Sears announced that it is inviting Facebook users to support America's military members by voting for the Sears Rebuilding Together affiliate program, which they believe is the most deserving.

HOFFMAN ESTATES, Ill. — Sears announced that it is inviting Facebook users to support America's military members by voting for the Sears Rebuilding Together affiliate program, which they believe is the most deserving.

Voting will take place through Sept. 23, and based on total vote tallies, Sears and Rebuilding Together will award 25 overall grants totaling $250,000 to Rebuilding Together affiliates at platinum, gold, silver and bronze levels.

August 18, 2011

Kmart comparable-store sales were flat, and Sears U.S. sales declined by 1.2% during second quarter 2011, according to an earnings report released Thursday.

HOFFMAN ESTATES, Ill. — Kmart comparable-store sales were flat, and Sears U.S. sales declined by 1.2% during second quarter 2011, according to an earnings report released Thursday.

August 10, 2011

A new video series by Kmart seeks to reach out to Hispanic moms. "Madres y Comadres" is a series of eight Spanish-language videos on YouTube about two Hispanic mothers who work to remain true to their identity while living in the United States.

HOFFMAN ESTATES, Ill. — A new video series by Kmart seeks to reach out to Hispanic moms.

The mass merchandise chain announced Wednesday the launch of "Madres y Comadres," a series of eight Spanish-language videos on YouTube about two Hispanic mothers who work to remain true to their identity while living in the United States. The series is designed as a mock "telenovela" that uses humor and emotion to tap into the challenges that Hispanic women and their families face.

July 19, 2011

Kmart is putting an emphasis on value in its latest back-to-school campaign.

HOFFMAN ESTATES, Ill. — Kmart is putting an emphasis on value in its latest back-to-school campaign.

The retailer's "Epic Year, Epic You!" campaign seeks to meet customers' evolving BTS needs. In addition to underscoring its convenient buying options — including the buy online, pick up in store option and in-store layaway program — Kmart is offering college students and their parents the ability to reserve purchases by making four payments throughout the summer and allowing students to pick up items at a Kmart store near their campus.

May 23, 2011

Kmart parent company Sears Holdings has named William Phelan as acting CFO, replacing Michael Collins, currently SVP and CFO, who resigned last week to pursue another opportunity, the company reported in a Securities and Exchange Commission filing.

HOFFMAN ESTATES, Ill. — Kmart parent company Sears Holdings has named William Phelan as acting CFO, replacing Michael Collins, currently SVP and CFO, who resigned last week to pursue another opportunity, the company reported in a Securities and Exchange Commission filing.

Collins will remain with the company until June 10 in order to ensure a smooth transition, Sears noted in the filing.

May 20, 2011

Joseph Mercola, a doctor that is board-certified in family medicine and trained in both traditional and natural medicine, has introduced a new bath care line that is made from certified U.S. Department of Agriculture organic oils and extracts.

HOFFMAN ESTATES, Ill. — Joseph Mercola, a doctor that is board-certified in family medicine and trained in both traditional and natural medicine, has introduced a new bath care line that is made from certified U.S. Department of Agriculture organic oils and extracts.

May 19, 2011

Kmart parent company Sears Holdings reported a first-quarter net loss of $170 million, or $1.58 per diluted share, in line with the company's expectations for a net loss in the range of $145 million to $195 million, or between $1.35 and $1.81 per diluted share.

HOFFMAN ESTATES, Ill. — Kmart parent company Sears Holdings reported a first-quarter net loss of $170 million, or $1.58 per diluted share, in line with the company's expectations for a net loss in the range of $145 million to $195 million, or between $1.35 and $1.81 per diluted share.

The company reported 2010 net income of $16 million, or 14 cents per diluted share.