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| Articles about Sears |
| Back to School Bedding at Sears | | 2008-08-18 11:24:19 | | Sears is holding a special sale on all bedding and sheets this month, including new back to school specials aimed at teens starting the new school year.
The new teen bedding line, CosmoGirl, is a tie up with Hearst, the company that publishes Cosmopolitan Magazine.
Groovy colors and a cool design, you are going to [...] | | By: Mattresszine | | |
| | Sears Comes Through Way Too Late, but at Least They Did | | 2008-08-14 21:04:49 | | We got approval today to spend $800 on a new washer. Bart and I went tonight and we spent a bit more than that. It is only 4 days short of 2 full months since the guy came the first time to fix the washer. We have probably spent $400 at least on laundromat.But Saturday we will have a brand new washer and finally be able to start catching up on laundry. We have been saving bedding etc. and not taking it to the laundromat.I am super tired tonight again. Not sure waht is up. Going to go back to the Y in the morning and see if htat makes a difference... | | By: Never a Dull Moment | | |
| | Vanessa Hudgens Rocks The Sears Commercial | | 2008-07-24 17:54:23 | | Everyone's seen the sneak peek of Vanessa Hudgens' Sears commercial, we have the whole commercial. The creative theme designed to appeal to teens was shot by Grammy award-winning director director Joseph Kahn for the TV, online and print media. It's... | | By: Shopecko Blog | | |
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| Free $10 Sears Gift Card | | 2008-07-23 13:23:34 | | Right now, you can earn a free $10 Sears gift card from AdPerk. If you are new to AdPerk, we've gotten several free magazines from them by watching short advertisements. It can take anywhere from 15-30 minutes to earn a typical freebie from AdPerk, so it is up to you to decide if this is worth the effort. However, the program is legit and will send you the freebie once you earn it. This $10 Sears Gift Card is the first non-magazine we've seen AdPerk offer, hopefully it will not be the last.
UPDATE: It appears that some folks are being told this offer is available 'by invitation only'. Sorry if that is the case. Anyone that has already signed up for AdPerk before today should check their email to see if they got an invitation, we'll update you if we learn more.
UPDATE 2: Thanks to Lindsay in the comments for letting us know this one is available even to new users, so if you are a Sears shopper, take advantage of this free Sears gift card!
UPDATE 3: It looks like they have turned this of | | By: Free Sample Forager | | |
| | Anybody want to join me in ragging on Sears? | | 2008-07-17 10:58:51 | | The washer still isn't fixed. The parts which they told us would be shipped on July 6th are backordered. WOn't ship until tomorrow or so they say ... and not arrive until the 25th. What is this 4 weeks? 5? I'm losing track.Getting the service agreement/warranty with sears is actually costing us money instead of saving it. We now have spent probably enough at the laundromat to have purchased a whole new washer.Every time I think about this, it makes my blood boil. Kind of like the ferret. But now the ferret is gone. The washer, however, is not. It is still here. And it still doesn't work. And tomorrow I'm going to have to go back to the laundromat. | | By: Never a Dull Moment | | |
| | Vanessa Hudgens Arrives With Sears | | 2008-06-30 00:33:43 | | High School Musical cutie Vanessa Hudgens has joined with Sears this summer to bring the “latest in fashion and fun!”
Starting July 11, you can log onto ArriveLounge.com to find “this week’s clue.” Take the clue to a Sears store or Sears.com and look for the Product Finger Challenge. Special signs, with some help [...]
| | By: Gossip Thug - Celebrity Gossip, Celebrity News | | |
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| $500 Sears Gift Card — Take Advantage Now. | | 2008-05-29 02:00:11 | | Come see what’s new this season!
Learn how to get a FREE $500 Sears™ Gift Card.
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Just click below to get started.
>>START NOW<< | | By: GrowFreeStuff - The Free Stuff Site | | |
| | Sears Philippines Call Center Complaint | | 2008-05-08 13:40:00 | | I found this article written by a frustrated customer via my Google mail which I had alert for the keywords "Philippines Call Center." This I did so that I can keep up with what's going on with the call center industry in the Philippines. Click on the image, if you have trouble reading the text.The customer, a lady who had a problem with her Kenmore refrigerator happened to reach a call center in the Philippines servicing Kenmore appliances and was extremely disappointed on how she was dealt with.Notable in this woman's complain was how the agents argued with her about her warranty. The agents claim she only had 1 year when in fact she had 5. On her third try to speak with an agent, the customer service rep verified with the marketing department that indeed had a longer warranty.Common mistake? Yes. Avoidable? Definitely. It took three people just to clarify the situation which was just half the battle for the customer.Lesson to be taken: Study the situation first and reasonably argue | | By: The Call Center Expert | | |
| | Bruce Berkowitz Discusses Sears Holdings | | 2008-03-02 12:43:00 | | Bruce Berkowitz of the Fairholme fund discusses his rational for owning Sears Holdings in a recent U.S. News and World Report article title 'A Portfolio Warren Buffett Would Love'. Although I'm focusing on the Sears part of the article, I recommend clicking the link to read the full article.One of your largest holdings, Sears, has seen its stock price fall by about half over the past year. Do you think Chairman Edward Lampert can turn things around? I think that he's going to do it. And it's very reminiscent of what happened with Warren Buffett and Berkshire Hathaway in the early days. If you play back the tape, Warren Buffett bought into Berkshire Hathaway, a textile mill, and he took many years to try and turn it around. He had deep respect for the employees; he really gave it his best shot. And then when he realized it wouldn't work, he then started to redeploy the assets and the free cash that was coming out of this industry that was destined to die. And that's how Berkshire Hathaw | | By: Focus On Value | | |
| | Guest Post: Michelle Sears - TourismTechnology.com | | 2008-02-25 18:51:01 | | Kim’s Note: Michelle Sears is the facilitator for the mentoring system called d TourismTechnology.com, a mentorship program partnering with provincial and federal agencies to assist Nova Scotia tourism businesses gain technological skills to compete in the global market
TourismTechnology.com is a fantastic project and one that we have been
having a lot of fun with. I [...] | | By: White Point Manor Weblog | | |
| | WoolAir Mattress Pad from Sears | | 2008-02-23 08:29:12 | | For $99, Sears is offering this wool mattress pad in easy installment payment using your Sears membership card. Wool is of breathable material, providing comfort all year round, as well as support and relief from pressure points.Via
mattress accessories, mattress on installment, mattress pad, MATTRESS Shopping, sears mattress, wool mattress pad | | By: Mattresszine | | |
| | Fairholme Discusses Sears Holdings | | 2008-02-01 21:50:00 | | The Fairholme Fund discusses Sears Holdings and Lampert in the current annual report."Sears Holdings is a relatively new, core position that continues to cost the Fund. Store traffic has been weak given stressed consumers and the company’s greaterexposure to depressed housing markets than most. Many despair that Sears seems unable to regain past retail glory, despite a conservative balance sheet and many valuable assets. In searching for instant gratification, most are missing key points. As with Warren Buffett in the late 1990s, many believe Eddie Lampert’s investment skills have faded — but it is just as unlikely that this leopard has lost his spots."The whole report is worth reading if you want a sense of Bruce Berkowitz's investing style.
| | By: Focus On Value | | |
| | Sears Set To Change Business Structure | | 2008-01-19 22:41:00 | | Sears Holdings reported late Friday that it will create a new business structure which will will provide operating businesses with "greater control, authority and autonomy."According to The Wall Street Journal: "The contemplated restructuring would create separate units to manage Sears's real-estate holdings and brands such as Kenmore, Diehard, and Craftsman." The separate units would be overseen by a group of executive advisers. Based on this announcement, Lampert next step appears to be tapping into the value of the brands which sooner or later will include the real estate.Lampert has described Sears Holdings as a "start-up, and like all start-ups we should expect to experience rapid changes as well as our share of both challenges and successes." Yes, Sears shareholders have experienced a ton of pain as of late but like all start-ups, a big key is patience. The good news is that unlike most "start-ups", Sears has a lot of untapped value which will eventually efficiently generate cash | | By: Focus On Value | | |
| | | Sears Holdings Offers $6.75/share for Restoration Hardware | | 2007-11-26 20:47:00 | | Sears Holdings (SHLD) has offered $6.75/share for Restoration Hardware (RSTO) which has topped an earlier bid of $6.70/share made by a Catterton Partners affiliate. Restoration Hardware's Chairman, President and CEO, Gary Friedman is tied to the transaction through Catterton which may be the reason Restoration is reluctant to hand over confidential information regarding the company. Sears sent the following letter to Restoration Hardware on November 23:Dear Mr. Hemmig:We are disappointed that our numerous requests to receive confidential information have not yet been granted by the Special Committee of the Board of Directors (the “Special Committee”) of Restoration Hardware, Inc. (the “Company”). As you know, we have sought such information to enable us to determine whether to submit a binding proposal to acquire the Company on terms superior to the insider buyout contemplated by the Agreement and Plan of Merger (the “Current Merger Agreement”), dated as of November 8, 2007, among the Company, Home Holdings, LLC, and Home Merger Sub, Inc.As you know we have been discussing the terms of a confidentiality agreement with you and your advisors and in this regard you have asked us to provide you with a proposal to acquire the Company. While we do not understand your requirement that we submit such a proposal prior to providing us with due diligence information during the “go shop” period, we are prepared to inform you that, based on the public information currently available to us, we would be prepared to enter into an agreement to offer your stockholders $6.75 per share in cash via tender offer. We would contemplate entering into a merger agreement on terms substantially similar to the Current Merger Agreement, modified as necessary to accommodate the tender offer structure and with a lower, more reasonable break-up fee than contained in the Current Merger Agreement.We believe that this proposal, if agreed, would provide a compelling opportunity for yo | | By: Focus On Value | | |
| | Sears tests 'vignettes' in Cincinnati | | 2007-11-25 21:40:00 | | This article from 'The Cincinnati Enquirer' shows another example of Lampert's commitment to revamping stores and trying new concepts to create a turnaround rather than the anticipated diversification of assets. This isn't to say to that diversification away from retail will never happen but recent events such as the Restoration Hardware stake and the transformation of Kmart to Sears indicates the focus is on store operations. From the article:Three Sears stores here - Eastgate, Florence and Tri-County - have a new look and mission and just in time for the holidays. Elements of the approach, called Solutions Centers, may one day be rolled out to the retailer's hundreds of other full-line stores in North America. Officials plan to track sales trends through all of 2008 before making any judgment."We are offering a value proposition for the kitchen, laundry, garage, kid's room - vignettes or settings for every price range," Buchanan said. "This is a test-and-learn environment." The company hopes the new approach will resonate with home renovation do-it-yourselfers, who may want a sneak peak at what the rooms will look like before they invest hundreds if not thousands of dollars.
| | By: Focus On Value | | |
| | Sears Buys 13.9% Stake in Restoration Hardware | | 2007-11-19 19:58:00 | | Sears Holdings (SHLD) has bought a 13.9% stake in Restoration Hardware (RSTO) and may takeover the company after it evaluates "the desirability of proposing an acquisition". Read the full SEC filing released on Monday.According to Yahoo.com: “Restoration Hardware, a specialty retailer, agreed to a $267 million buyout on Nov. 8 in a deal involving its chief executive and private equity firm Catterton Partners.”
| | By: Focus On Value | | |
| | | Analyst puts cash value on Sears holdings | | 2007-11-07 19:10:00 | | From Sun-Times: "Analyst Seth Sigman of Credit Suisse calculated for the first time values on Sears Holdings Corp.'s property, a treasure trove that is keeping its stock price high. In a report issued Tuesday he estimated values as follows: real estate, $9.5 billion to $11.5 billion; leased stores, $1 billion to $2 billion; distribution centers, $700 million to $1.1 billion; Hoffman Estates headquarters, $200 million to $400 million; private brands, such as Craftsman, Kenmore and DieHard, $3 billion to $5 billion; Lands' End, $2.2 billion to $2.8 billion; and home services business, $2.8 billion to $3.5 billion."
| | By: Focus On Value | | |
| | Sears Speculation Continues | | 2007-10-06 18:58:00 | | As Sears climbed from about $125 to $149.24 last week, speculation surrounding a Sears acquisition has heated back up. From Barron's: "Circuit City (CC) shares are higher on rumors that Searrs (SHLD) rescuer Eddie Lampert may be interested in the company.""This is not the first time this idea of Lampert buying the electronics retailer has popped up; Chad Brand of the Peridot Capitlist blogged about this idea back in June."Also, the SunTimes.com has released an article speculating on a Macy's (M). Thanks to ConcentratedValue.com for discovering the article.From the SunTimes: "Lampert could respond by teaming up with Steven Roth of Vornado Realty Trust to take over Macy's department-store chain -- a recurring rumor that most recently pushed up Macy's share price on Sept. 14, said Davidowitz, chairman of Davidowitz & Associates, a New York-based retail consulting and investment banking firm. Vornado has reportedly been interested in making a bid for Sears Holdings since 2005 | | By: Focus On Value | | |
| | The Harder Side of Sears | | 2007-09-29 17:10:00 | | In picking a new CFO from the banking industry, hedge-fund manager Eddie Lampert places an emphasis on a finance department driven by hard data and quantititive analysis.Sears Holdings has named J. Miles Reidy as CFO. Reidy, who comes to the retailer from a long finance career in the banking industry, will begin his new job in October.It is not immediately clear why Sears turned to someone with an extensive banking background to run a retail operation, but, in announcing his hire, the company emphasized Reidy's strong reliance on quantitative analysis."Miles has built and led highly quantitative, analytical finance organizations," said acting CFO William C. Crowley, who is also chief administrative officer and a member of Sears' board of directors. "We have asked Miles to bring to Sears Holdings this rigorous approach to testing and creating value through data-driven decisions."Read Full Article: CFO.com by Stephen Taub
| | By: Focus On Value | | |
| | Sears Takeover of Macy's Speculation
The Sears (S... | | 2007-07-08 07:53:00 | | Sears Takeover of Macy's SpeculationThe Sears (SHLD) takeover rumors are heating up again with Macy's being the target of speculation this time around."Now investors are speculating that Lampert, a billionaire hedge-fund operator who acquired Kmart in 2003 and Sears, Roebuck and Co. in 2005, might be involved, according to the Associated Press. ""The takeover rumor was doing the rounds a couple of weeks ago," Andrew Wilkinson, senior market analyst at Interactive Brokers Group, told the AP. "I don't think (Edward Lampert)'s name was attached before, but now someone has thrown that one out there."Direct Link
| | By: Focus On Value | | |
| | | Sears On The Bargain Rack
Morningstar.com labele... | | 2007-06-05 03:43:00 | | Sears On The Bargain RackMorningstar.com labeled Sears (SHLD) a bargain."What the Market Is Missing: While Sears is focused on improving profits and sales at its Kmart and Sears stores, Picciola continues to believe this is more than just a retail turnaround story. Given the presence of Lampert, who has an exceptional record of making money, Picciola believes it is prudent for our valuation to look beyond the cash flows generated from the retail business and consider other factors, like the company's real estate assets and the cash available for investing. The market, it seems, is either overly fixated on the state of the retail business, or is discounting the value that could ultimately be attributable to the company's real estate or Lampert's investments of the firm's cash."
| | By: Focus On Value | | |
| | Sears Holdings Reports Earnings Tomorrow
Sears Ho... | | 2007-05-31 03:47:00 | | Sears Holdings Reports Earnings TomorrowSears Holdings (SHLD) will report earnings tomorrow. The company expects to report earning in the neighborhood of $1.03-$1.26 excluding a one-time gain of 27 cents for a settlement.The average analyst forecast is $1.22 per share. It will be interesting to see if Sears continued to buyback shares during the quarter or if the company is hoarding cash for a possible acquisition.
| | By: Focus On Value | | |
| | Sears Mattress Spring Sale | | 2007-05-28 17:35:18 | |
Now, this is a regular thing Sears offer their patrons but you might be interested to know that the company is holding a mattress sale (50%! ) good only for online transactions and until June 02, 2007.
Sears offer the following deal:
Free delivery after mail-in rebate on all Mattresses over $399 after discounts. Free standard local delivery. Outside local delivery area, customer pays an additional charge. Rebate values, local areas and additional charges vary. Maximum rebate value $65 . Rebate forms are accessible on qualifying product pages and are provided on the order status page and e-mail confirmation. Excludes crib mattresses, closeouts and outlet stores.
Bargain hunters you know what to do! Check the Sears website for details of this sale. They also offer other bed accessories and items at a discounted price
crib mattresses, delivery area, MATTRESS News, MATTRESS Shopping | | By: Mattresszine | | |
| | Atticus Capital LP Increases Sears Holdings Stake... | | 2007-02-18 03:35:00 | | Atticus Capital LP Increases Sears Holdings StakeFUND ADDS TO SEARS STAKE: After selling Sears Holdings Corp. stock last summer, Atticus Capital LP is buying again. The New York hedge fund founded by British banking scion Nathaniel Rothschild increased its stake in Sears Holdings Corp. to 4.6 percent, or 7 million shares, as of the end of 2006, up from 2.1 percent, or 3 million shares, last fall, according to a Securities and Exchange Commission filing earlier this week.The move makes Atticus one of Hoffman Estates-based Sears' top five shareholders, a position it held a year ago before selling shares. The holdings are worth about $1.3 billion based on Sears' peak stock price Friday of $187.50, a record high. Sears Holdings closed at $187.26.Source: Chicago TribuneFor a look at the full Atticus portfolio click here.
| | By: Focus On Value | | |
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