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Topic: Sears Holdings

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	Sears Holdings Corporation - Homepage - Official Site of Sears Holdings
		Sears Holdings Corporation, the publicly traded (NASDAQ: SHLD) parent of Kmart and Sears, Roebuck and Co., is the nation's fourth largest broadline retailer with over $50 billion in annual revenues and approximately 3,800 full-line and specialty retail stores in the United States and Canada.
		Sears Holdings is the leading home appliance retailer in North America and is a retail sales leader in tools, lawn and garden, home electronics, and automotive repair and maintenance.
		Sears Holdings is committed to improving the lives of our customers by providing quality services, products and solutions that earn their trust and build lifetime relationships.
	www.searsholdings.com (277 words)

	Court denies Sears Holdings appeal - Boston.com
		U.S. retail giant Sears Holdings Corp. was thwarted in its privatization bid for Canadian subsidiary Sears Canada when an Ontario court on Tuesday denied its application to appeal a provincial regulator's key decision on the controversial buyout.
		Sears Holdings owns 54 percent but can't take the Canadian unit private unless the holders of a majority of Sears Canada's minority shares approve the deal, which values the firm at nearly $1 billion ($882 million).
		Sears Canada is a multichannel retailer with a network of 188 corporate stores, 182 dealer stores, 65 home improvement showrooms, more than 1,900 catalog merchandise pickup locations, 107 Sears Travel offices and a countrywide home maintenance, repair and installation network.
	www.boston.com /business/articles/2006/11/14/court_denies_sears_holdings_appeal (371 words)

	Sears, Roebuck and Company - Wikipedia, the free encyclopedia
		Richard Sears was a railroad station agent in Minnesota when he received a shipment of watches which were unwanted by a local jeweler.
		Sears Essentials is a chain of discount department stores that are located away from shopping malls (often free-standing); carries everything a regular Sears carries, plus health and beauty products, toys, baby care, cleaning supplies, home décor, pet food, cards and party supplies, books, magazines, electronics, music, movies, and a limited amount of food items.
		Sears diversified and became a conglomerate during the mid-20th century.
	en.wikipedia.org /wiki/Sears (1547 words)

	Sears Holdings Corporation - Wikipedia, the free encyclopedia
		The Sears Holdings Corporation then re-modeled many Kmarts and Big Kmarts by changing their signage to "kmart." The "K" in Kmart was made lower-case to make Kmarts feel and look more high tech for the 21st century.
		Sears Holdings owns 55% of Sears Canada, a large department store chain in Canada, similar to the U.S. stores.
		Sears: Mid-range department stores that are located in shopping malls; they carry clothing, jewelry, appliances, hardware, lawn and garden supplies, lawn mowers, paint, sporting goods, automobile repair, office supplies and school supplies.
	en.wikipedia.org /wiki/Sears_Holdings_Corporation (1586 words)

	Sears Holdings Corporation :: Sears Holdings Responds to Sears Canada's Directors Circular; Sears Holdings Believes Its ... (Site not responding. Last check: )
		In particular, the Sears Holdings Directors believe that the implementation of cost reductions by Sears Canada and the new arrangements with JP Morgan Chase for the credit card business were known to the market and had been factored into the price of Sears Canada's common shares before the announcement of the offer.
		Sears Holdings is concerned that it has not seen any significant progress on the cost reductions, with the exception of the headcount and advertising reductions.
		Sears Holdings Corporation is the third largest broadline retailer in North America with approximately $55 billion in annual revenues, and with approximately 3,900 full-line and specialty retail stores in the United States and Canada.
	sev.prnewswire.com /retail/20060222/NYW07422022006-1.html (1620 words)

	Investor Information
		Sears Holdings stock is now trading on the Nasdaq National Market under the stock symbol SHLD.
		Accordingly, a company like Sears Holdings, with a large market capitalization and significant cash flow relative to its pension liability, is being forced to “bail out” other companies that (for whatever combination of reasons) have not been as successful managing their pension obligations.
		At Sears Holdings, we understand and believe that a company should manage its pension plan and fund its pension obligations in a way that provides a high degree of certainty that the obligations will be met.
	www.searsholdings.com /invest (5165 words)

	Sears Holdings
		Sears Holdings is the parent company of Kmart and Sears, Roebuck and Co. and has 3,800 full-line and specialty retail stores across the United States and Canada.
		Sears Holdings is the leading home appliance retailer as well as a leader in tools, lawn and garden, home electronics and automotive repair and maintenance.
		Sears Holdings is committed to improving the lives of our customers by providing quality services, products and solutions that earn their trust and build lifetime relationships.
	company.monster.com /searshold (953 words)

	Sears Holdings Lost Money Last Quarter
		Pro forma revenue for Sears Holdings was $12.8 billion in the quarter, unchanged from last year.
		On a GAAP basis, Sears Holdings lost $9 million, or 7 cents a share, in the three months to April 30, compared with earnings of $91 million, or 94 cents a share, a year ago.
		Sears Holdings earned a GAAP $81 million, or 65 cents a share, before the charge, and a pro forma $12 million before the charge.
	thestreet.com /_yahoo/stocks/retail/10226820.html?cm_ven=YAHOO&... (411 words)

	About Kmart (Site not responding. Last check: )
		Sears Holdings will be the nation's third largest retailer, with approximately $55 billion in annual revenues, 2,350 full-line and off-mall stores, and 1,100 specialty retail stores.
		Sears Holdings will act as the holding company for the Sears and Kmart businesses, which will continue to operate separately under their respective brand names.
		Sears Holdings will feature a powerful home appliance franchise as well as strong positions in tools, lawn and garden, home electronics, and automotive repair and maintenance.
	www.kmartcorp.com /corp/story/pressrelease/news/pr041117.stm (1732 words)

	ABC News: Sears Holdings Posts Profit, Weak Sales (Site not responding. Last check: )
		Sears Holdings Corp. said Monday, Dec. 5, 2005 it will pay $16.86 a common share in cash, after the distribution to stockholders of $18.64 per share _ about $2 billion _ announced last Friday by Sears Canada.
		Sears had restructuring charges of $59 million in the quarter, including $53 million from the layoff of 1,200 employees at Sears Canada and $6 million for continuing employee-related costs related to the integration of Kmart and Sears.
		Sears owns approximately 2,300 full-line and 1,200 specialty retail stores in the United States and owns 54 percent of Sears Canada Inc., a 370-store operation in that country.
	abcnews.go.com /Business/wireStory?id=1376985&CMP=OTC-RSSFeeds0312> (451 words)

	Sears: Sears Holdings
		Sears and Kmart are now united and to the dismay of conscious consumers, Sears' social responsibility record is no better than that of its discount cousin.
		Sears has damaged its public image with discrimination lawsuits and unethical corporate influence, but the most ubiquitous charges against the company still pertain to sweatshop labor use.
		Sears emphasizes a hormonal paradox which “low-fat” advocates were unaware of, namely that low-fat diets increase the production of the hormone insulin, causing the body to store more fat.
	www.lycos.com /info/sears--sears-holdings.html?page=2 (592 words)

	ABC News: Sears Holdings Profit Beats Expectations (Site not responding. Last check: )
		Sears Holdings Corp. posted a $58 million third-quarter profit that topped Wall Street's expectations but was down sharply from the combined showing a year ago of Kmart and Sears, Roebuck & Co., its two main components.
		CHICAGO Dec 6, 2005 (AP)— Sears Holdings Corp. posted a $58 million third-quarter profit Tuesday that topped Wall Street's expectations but was down sharply from the combined showing a year ago of Kmart and Sears, Roebuck and Co., its two main components.
		Kmart acquired Sears, Roebuck and Co. earlier this year for $12.3 billion and renamed the enlarged retailer Sears Holdings.
	abcnews.go.com /Business/wireStory?id=1378151&CMP=OTC-RSSFeeds0312> (449 words)

	Sears: Notables From Eddie Lampert's Annual Letter - Seeking Alpha
		Sears Holdings’ stock has been one of the top retail performers for each of the past two years, as was its predecessor Kmart in 2004, in spite of this non-traditional approach.
		At Sears Holdings, we have linked a very significant part of our executives’ variable compensation to the EBITDA of Sears Holdings or one of its businesses, adjusted for certain items that are not within the control of our associates.
		For associates of Sears Holdings (other than certain part-time and seasonal associates) who are called to duty in the National Guard or Reserve, we make up any difference between the associate’s pay at Sears Holdings and his or her military pay - for up to five years.
	retail.seekingalpha.com /article/29393 (1928 words)

	What is a Sears Modern Home?
		Sears was instead a very able follower of popular home designs but with the added advantage of modifying houses and hardware according to buyer tastes.
		Sears homes took advantage of the new homebuilding material of drywall by shipping large quantities of this inexpensively manufactured product with the rest of the housing materials.
		Sears Modern Homes program stayed abreast of any technology that could ease the lives of its homebuyers and gave them the option to design their homes with modern convenience in mind.
	www.searsarchives.com /homes (859 words)

	CORRECT: Sears Holdings: An affordable hedge fund - MarketWatch
		Sears Holdings Chief Executive Edward Lampert is regarded as one of the top five hedge-fund managers in the United States.
		Sears Holdings shares, on the other hand, are trading for about a mere $180 a piece, so 100 shares would cost $18,000 -- a pittance in comparison, and you can get out at any time.
		Sears Holdings shares have surged with eye-popping speed from $15 in April 2003 to $177 this week.
	www.marketwatch.com /news/story/sears-holdings-affordable-hedge-fund/story.aspx?guid={B9733355-7FAC-4594-8581-751AFDBB6E44} (1310 words)

	Sears Holdings 4Q earnings soar to $648M - Boston.com
		Sears Holdings Corp. overcame a steep sales dropoff at its Sears department stores to more than double its fourth-quarter profit to $648 million Wednesday, benefiting from continued cost-cutting and the addition of Sears' results to Kmart's.
		CHICAGO --Sears Holdings Corp. overcame a steep sales dropoff at its Sears department stores to more than double its fourth-quarter profit to $648 million Wednesday, benefiting from continued cost-cutting and the addition of Sears' results to Kmart's.
		The better-than-expected results propelled the retail company's shares to their biggest single-day gain since it was formed a year ago when Kmart bought Sears, Roebuck and Co. Sears Holdings' stock jumped $15.02, or 13 percent, to close at $132.29 on the Nasdaq Stock Market.
	www.boston.com /business/articles/2006/03/16/sears_holdings_4q_earnings_soar_to_648m (878 words)

	JDM Systems
		June 5, 2007 – Today at Sears Holdings Corporation’s headquarters in Hoffman Estates, Ill. JDM Systems Consultants was one of the select companies to receive top honors at the Sears Holdings’ 2006 Partners in Progress awards.
		These companies provide Sears Holdings with quality products and services, from apparel, appliances and tools to marketing, facilities design and technology.
		“The Sears Holdings culture is one that places a high priority on teamwork and a focus on customers.
	www.jdmconsulting.com /news.html (240 words)

	USATODAY.com - Sears Holdings posts a loss; vows to control costs (Site not responding. Last check: )
		CHICAGO (Reuters) — Sears Holdings (SHLD) on Tuesday reported a net loss in its first quarterly report since Kmart bought Sears, Roebuck to form the third-largest U.S. retailer.
		Lampert said Sears Holdings wants employees to "do more with less and to treat the company's money as they would their own." He said the new company is built with "strong discipline around expenses and capital allocation".
		Sears posted a net loss of $9 million, or 7 cents a share, for the first quarter ended April 30.
	www.usatoday.com /money/companies/earnings/2005-06-07-sears_x.htm (533 words)

	Sears Holdings mails formal offer for Sears Canada \| Crain's Chicago Business (Site not responding. Last check: )
		Sears Holdings, the U.S. parent of retailers Sears and Kmart and majority owner of Sears Canada, announced plans in December to offer C$16.86 a share for the Canadian business.
		Sears Holdings, which owns about 53.8 percent of the outstanding shares, said the offer expires March 17.
		Sears Holdings shares were down 77 cents, or 0.7 percent, at $117.94 on Nasdaq.
	www.chicagobusiness.com /cgi-bin/news.pl?id=19487 (311 words)

	Sears Holdings offers to acquire Sears Canada \| newratings.com (Site not responding. Last check: )
		Sears Holdings' offer represents a 8.7% premium over Friday's closing price of Sears Canada's shares and a 22.2% premium over the average closing price since August.
		Sears Canada would become a wholly owned subsidiary of Sears Holdings once the transaction is completed.
		Sears Holdings’ vice-chairman, Alan Lacy, expects Sears Canada to continue to operate as a retail business.
	www.newratings.com /analyst_news/article_1149463.html (313 words)

	Sears: Sears Holdings
		Sears, Roebuck and Co. (NYSE:S) is a broadline retailer with significant service and credit businesses.
		Sears was the founding investor and served as Chairman of the Board from 2000 to 2003, has developed revolutionary soft tissue fixation systems, replacing sutures and staples.
		Sears has since authored 10 additional books on his Zone technology, selling more than 5 million copies that have been translated into 22 languages in 40 countries.
	www.lycos.com /info/sears--sears-holdings.html (605 words)

	cbs2chicago.com - Sears Expands Holdings By 10M Shares
		Sears Holdings, which owns Kmart and Sears, Roebuck and Co. stores, says it wants to acquire the Canadian unit for the financial and operating benefits of a 100 percent stake.
		The offer was rejected by Sears Canada's board last month for a variety of reasons, including a report that suggested the company would be fairly valued at 19 to 22.25 Canadian dollars (US$16.40 to US$19.20) per share.
		Sears Holdings shares fell $1.50 to $133.40 in morning trading on the New York Stock Exchange.
	cbs2chicago.com /local/local_story_079124033.html (246 words)

	reportonbusiness.com: Purchase this article
		Sears Holdings will not sweeten bid for Sears Canada
		TORONTO — Sears Holdings says it will not sweeten its offer to buy out Sears Canada and will let it expire Nov. 27 after minority shareholders reject takeover.
		The announcement comes after the American retail giant was thwarted in its privatization bid for Canadian subsidiary Sears Canada when an Ontario court on Tuesday denied its application to appeal a provincial regulator's key decision on the controversial buyout.
	www.theglobeandmail.com /servlet/story/RTGAM.20061114.wsears1114/BNStory/Business (247 words)

	cbs5.com - Sears Holdings Earnings Double In 4Q
		Shares of Sears Holdings rose almost 10 percent, or $11.69, to $128.96 in pre-market trading after the news.
		Sales at Sears stores continued to decline sharply during the quarter, however, even as they gained slightly at Kmart for the first time since that retailer emerged from bankruptcy three years ago.
		Sears also announced that board members Michael Miles and Julian Day have decided not to stand for re-election at the company's April 12 annual meeting.
	cbs5.com /business/finance_story_074093607.html (550 words)

	Sears Holdings stymied in bid for Sears Canada takeover
		Sears Holdings Corp. ran into two big stumbling blocks on Tuesday that appear to have thwarted its attempt to privatize Sears Canada, its Canadian subsidiary.
		Sears Holdings owns 54 per cent of Sears Canada but needed more than 50 per cent of its minority shareholders to accept the buyout offer.
		Sears Holdings said it will amend its offer to comply with the OSC ruling, but added that it expects its bid will expire on Nov. 27 without any other adjustments to its terms.
	www.cbc.ca /money/story/2006/11/14/searsholdingsappeal.html (1305 words)

	Sears Holdings Net Slides
		Sears Holdings (SHLD:Nasdaq - commentary - research - Cramer's Take) reported sharply lower third-quarter earnings Monday as a gain in the 2004 quarter subverted the year-over-year comparison.
		Sears Holdings earned $58 million, or 35 cents a share, in the latest quarter, including a net charge of 7 cents a share from restructuring and divestiture items.
		At Sears, which Lampert acquired via Kmart a year ago, domestic sales fell 6.3% from a year ago on a 10.8% same-store sales decline.
	www.thestreet.com /_tscrss/stocks/retail/10255898.html (326 words)

	Sears Announces Intent To Appeal Texas Decision
		The judge rejected the bondholder group's claims that Sears made misrepresentations about the bonds in its public filings, that Sears was unjustly enriched by the redemption of the bonds and that Sears was estopped from redeeming the bonds.
		Sears will take a charge in the 4th quarter earnings to be released on or about March 1, 2007 relating to this decision.
		About Sears Holdings Corporation Sears Holdings Corporation is the nation's third largest broadline retailer, with approximately $55 billion in annual revenues, and with approximately 3,800 full-line and specialty retail stores in the United States and Canada.
	www.prnewswire.com /cgi-bin/stories.pl?ACCT=109&STORY=/www/story/02-05-2007/0004519985&EDATE= (849 words)

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