Content about Kmart

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 20, 2012

Supervalu on Monday announced Robert Bly will join the company as president of Shoppers, a 56-store division in the Baltimore/Washington, D.C., market.

MINNEAPOLIS — Supervalu on Monday announced Robert Bly will join the company as president of Shoppers, a 56-store division in the Baltimore/Washington, D.C., market.

Bly is expected to begin his new role on Aug. 22 and will report to Chuck Elias, SVP retail operations. Bly replaces Tim Lowe, who recently accepted a new leadership role in Supervalu's merchandising organization.

August 16, 2012

A new company formed by leading U.S. retailers is looking to offer consumers a mobile commerce experience that will combine the convenience of paying at the register with customizable offers.

DALLAS — A new company formed by leading U.S. retailers is looking to offer consumers a mobile commerce experience that will combine the convenience of paying at the register with customizable offers.

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 8, 2012

Kmart said it has adjusted its approach to back to school by increasing the number of stores that sell uniforms and aligning its back-to-school sales periods by region to match that of the local school districts.

HOFFMAN ESTATES. Ill. — Kmart said it has adjusted its approach to back to school by increasing the number of stores that sell uniforms and aligning its back-to-school sales periods by region to match that of the local school districts.

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:

July 18, 2012

For nearly 30 years, Kmart has been helping to improve the health of babies in partnership with the March of Dimes and, in 2012, the retailer raised $8 million to benefit the organization, bringing Kmart’s total contribution throughout the partnership to $106 million.

WHITE PLAINS, N.Y. — For nearly 30 years, Kmart has been helping to improve the health of babies in partnership with the March of Dimes and, in 2012, the retailer raised $8 million to benefit the organization, bringing Kmart’s total contribution throughout the partnership to $106 million.

Kmart, which is a subsidiary of Sears Holdings, has made working on behalf of the health and wellness of children a company-wide effort involving management, associates and customers throughout all the company's in-store activities and events.

June 4, 2012

Kmart parent company Sears Holdings announced the appointment of Scott Huckins to the post of VP and corporate treasurer.

HOFFMAN ESTATES, Ill. — Kmart parent company Sears Holdings announced the appointment of Scott Huckins to the post of VP and corporate treasurer.

Huckins joins the company from RSC Holdings, where he served as VP and treasurer, responsible for global treasury, credit and investor relations activities.

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 14, 2012

Consumers gravitate toward traditional pharmacies for their everyday health-and-wellness needs, according to the "2012 Harris Poll EquiTrend" survey released Monday.

NEW YORK — Consumers gravitate toward traditional pharmacies for their everyday health-and-wellness needs, according to the "2012 Harris Poll EquiTrend" survey released Monday. Among retail pharmacy operations, Walgreens enjoyed the greatest brand equity among consumers based on top consumer scores in "familiarity" and "purchase consideration" categories. Overall, Walgreens' brand equity was tabulated at 69.9, CVS/pharmacy came in at 67.4 and Rite Aid 62.5.

May 14, 2012

New research that will appear in the upcoming issue of the Journal of Marketing Research explores consumer sentiment over the extension of a premium brand outside of its typical category.

NEW YORK — New research that will appear in the upcoming issue of the Journal of Marketing Research explores consumer sentiment over the extension of a premium brand outside of its typical category.

May 11, 2012

The past two weeks have seen two new additions to the list of retailers selling prescription drugs for pets, showing that this space, while still small, is growing in importance.

WHAT IT MEANS AND WHY IT'S IMPORTANT — The past two weeks have seen two new additions to the list of retailers selling prescription drugs for pets, showing that this space, while still small, is growing in importance and offers a good way for retailers to drive customer traffic.

May 7, 2012

Sears has launched SearsLocalAd.com, an online service that provides customers with access to additional local deals beyond the weekly Sears print circular or Sears.com.

HOFFMAN ESTATES, Ill. — Sears has launched SearsLocalAd.com, an online service that provides customers with access to additional local deals beyond the weekly Sears print circular or Sears.com.

The online shopping portal is dedicated to local customers, allowing them to shop smarter by previewing new local deals updated every week, and includes enhancements for Sears' Shop Your Way Rewars members.

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 3, 2012

The recent loss of business from a key specialty pharmacy customer and the continued deluge of generic introductions will represent significant challenges for Cardinal Health in fiscal year 2013 as it approaches the year-end of its fiscal 2012, company executives told analysts during a conference call Thursday morning.

DUBLIN, Ohio — The recent loss of business from a key specialty pharmacy customer and the continued deluge of generic introductions will represent significant challenges for Cardinal Health in fiscal year 2013 as it approaches the year-end of its fiscal 2012, company executives told analysts during a conference call Thursday morning.

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

The owner of Sears and Kmart stores reportedly is cutting 100 jobs at its headquarters in Hoffman Estates, Ill.

HOFFMAN ESTATES, Ill. — The owner of Sears and Kmart stores reportedly is cutting 100 jobs at its headquarters in Hoffman Estates, Ill.

According to published reports, Sears Holdings spokesman Chris Brathwaite said the cuts cover a range of positions and that the terminated employees were notified Thursday.

The retailer has not said whether additional cuts are planned.

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 30, 2012

Walgreens on Monday announced its acquisition of the prescription files and inventory from 33 Kmart pharmacies in 16 states.

DEERFIELD, Ill. — Walgreens on Monday announced its acquisition of the prescription files and inventory from 33 Kmart pharmacies in 16 states.

Walgreens will purchase the pharmacy patient files and transfer them to nearby Walgreens pharmacies, the company stated.

Walgreens completed the acquisition of the first pharmacy's prescription files and inventory Jan. 27 in Rice Lake, Wis. Acquisition of the other Kmart prescription files and inventory is subject to certain customary terms and conditions, and is anticipated to happen throughout February.

January 6, 2012

One of the most enduring rules of business is that when customers stop coming through the door, then the time has come for a reinvention.

WHAT IT MEANS AND WHY IT'S IMPORTANT — One of the most enduring rules of business is that when customers stop coming through the door, then the time has come for a reinvention.

Recent decisions by Sears Holdings indicate that despite its financial problems, it's not too late for a comeback. The hiring of Ron Boire to head merchandising could give it new direction, while the introduction of the Fitness Flagship store-within-a-store allows Sears to capitalize on an area in which it has long specialized while taking advantage of the growing interest in health and wellness.

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 4, 2012

Despite an overall decrease in free standing insert coupon activity, retailer promotion pages within the FSI vehicles recorded a 30.7% increase to more than 17 billion pages in 2011, continuing the significant annual increases in retailer promotion activity, which began in 2007, Kantar Media reported Wednesday.

MINNEAPOLIS — Despite an overall decrease in free standing insert coupon activity, retailer promotion pages within the FSI vehicles recorded a 30.7% increase to more than 17 billion pages in 2011, continuing the significant annual increases in retailer promotion activity, which began in 2007, Kantar Media reported Wednesday.

Overall, the number of free-standing insert coupons distributed through 2011 dropped 6.5% compared with 2010. This decline in FSI coupon activity followed two consecutive years of annual increases of 8% in 2009 and 7.2% in 2010.