Sears Holdings Corporation (SHLD) - NASDAQ
  • Fri, Jul. 22, 9:38 AM
    • The Dallas Morning News has pictures of what the new appliances section at J.C. Penney (JCP) looks like at eight stores around the Dallas-Ft. Worth area.
    • J.C. Penney is adding appliance sections to 500 stores by this fall in an effort to turbocharge home department sales. Early tests of the initiative have been positive.
    • Appliance selling fell by the wayside during the Ron Johnson era when the department store chain veered into a strategy to divides its stores by brands and dial back promotions.
    • Sector watch: Sears (NASDAQ:SHLD) and Kmart stores could feel an impact from the appliances bet by JCP, Best Buy (NYSE:BBY) is also increasingly active in the appliances category.
    | Fri, Jul. 22, 9:38 AM | 19 Comments
  • Mon, Jul. 11, 3:08 AM
    • Black Friday is coming four months early for some retailers.
    • Stores including Target, Sears (NASDAQ:SHLD), Banana Republic, Express (NYSE:EXPR), the Gap (NYSE:GPS) and Old Navy are offering deals around the same time as Amazon’s big Prime Day sale, which kicks off tomorrow.
    • Wal-Mart (NYSE:WMT) has even eliminated the $50 minimum spending requirement for shoppers to receive free shipping on their online orders.
    • Previously: Amazon heads into huge Prime Day event at all-time high (Jul. 09 2016)
    | Mon, Jul. 11, 3:08 AM | 5 Comments
  • Wed, Jun. 15, 10:24 AM
    • Department store stocks are off and running in a surprising move higher. There wasn't an encouraging read on the category in yesterday's retail sales report or anything particularly bullish out from Wall Street today on the sector.
    • Some traders think that names in the sector could see some upside with more "strategic" announcements expected during the slate of investor conference scheduled for this month.
    • Gainers include Sears Holdings (SHLD +9.7%), J.C. Penney (JCP +5%), Kohl's (KSS +3.4%), Macy's (M +3.8%), Nordstrom (JWN +3.8%), Dillard's (DDS +3%), and Stage Stores (SSI +3.2%).
    • Previously: Healthy spending in pockets of retail (June 14)
    | Wed, Jun. 15, 10:24 AM | 17 Comments
  • Tue, Jun. 14, 9:47 AM
    • Sears Holdings (SHLD +0.2%) plans to sell car tires under the DieHard brand at its 650 automotive centers. Selling DieHard tires for SUVs and pickups could come down the road.
    • The company thinks the strong consumer recognition of the DieHard brand name will help it break into the tire business.
    • The new tire strategy from Sears coincides with both Goodyear Tire & Rubber (GT -0.1%) and Cooper Tire & Rubber (CTB -0.1%) trading close to their 52-week low. It's unclear which tire makers Sears will partner with on the initiative.
    | Tue, Jun. 14, 9:47 AM | 44 Comments
  • Fri, Jun. 10, 11:29 AM
    • Back-to-school sales will increase 2.8% Y/Y to $828.81B, according to a forecast from eMarketer.
    • The once thriving July through August BTS season is now more spread out as more parents wait until the school year starts before jumping in.
    • The increased role in e-commerce has as lot to do with that trend. E-commerce BTS sales are seen rising 15% this year.
    • Amazon (NASDAQ:AMZN) and Staples (NASDAQ:SPLS) have benefited from the e-commerce push, while department stores such as J.C. Penney (NYSE:JCP) and Sears (NASDAQ:SHLD) have suffered as the concept of clothes stockpiling ahead of the opening day bell has been dismissed by the younger generation. Target (NYSE:TGT) and Wal-Mart (NYSE:WMT) grab a lion's share of the in-store BTS traffic.
    | Fri, Jun. 10, 11:29 AM | 10 Comments
  • Fri, Jun. 3, 7:25 AM
    • Evercore ISI Matt McGinley notes that Sears Holdings (NASDAQ:SHLD) continues to sell off assets from a position of weakness.
    • "They’ve been done to fund substantial operating losses," notes the analyst.
    • Next up for Sears to the bargain bin are well-known brands Kenmore, Craftsman, and Diehard which the company is considering selling off in pieces or together.
    • Previously: Sears Holdings to consider options for iconic brands (May 26)
    | Fri, Jun. 3, 7:25 AM | 19 Comments
  • Thu, May 26, 7:17 AM
    | Thu, May 26, 7:17 AM | 30 Comments
  • Thu, May 26, 6:24 AM
    • Sears Holdings (NASDAQ:SHLD) reports comparable-store sales slipped 6.1% in Q1.
    • Kmart comp fell 5% due to declines in the consumer electronics, grocery & household, pharmacy, drugstore and home categories.
    • Sears domestic comp dropped 7.1% primarily driven by decreases in home appliances, apparel, consumer electronics, footwear and Sears Auto Centers.
    • Segment sales: Kmart: $2.139B (-9.2%); Sears Domestic: $3.255B (-7.7%).
    • Gross margin rate squeezed 400 bps to 21.8%.
    • Adjusted gross margin rate decreased 180 bps to 22.5%.
    • SG&A expense rate improved 70 bps to 27.9%.
    • Adjusted SG&A expense rate fell 80 bps to 25.9%.
    • Merchandise inventory -0.5% to $5.03B.
    • Store count -94 Y/Y to 1,622.
    | Thu, May 26, 6:24 AM
  • Thu, May 26, 6:04 AM
    • Sears Holdings (NASDAQ:SHLD): Q1 EPS of -$1.86 beats by $1.34.
    • Revenue of $5.39B (-8.3% Y/Y) beats by $130M.
    • Press Release
    | Thu, May 26, 6:04 AM
  • Wed, May 25, 5:30 PM
    | Wed, May 25, 5:30 PM | 4 Comments
  • Wed, May 18, 10:08 AM
    • Retail stocks are lower than broad market averages after Target (TGT -9.3%) sets a gloomy tone on U.S. consumer spending. There was a sense of bewilderment from Target in its release and earnings call commentary over the slowdown in sales post-Easter.
    • Wal-Mart is down an even 3% to reach a multi-month low ahead of tomorrow's earnings report.
    • Shares of Best Buy (NYSE:BBY) are 3.2% lower after the soft read from Target tilts sentiment. The electronics chain reports earnings on May 24 with analysts expecting revenue of $8.291B and EPS of $0.35 to be disclosed.
    • Other chain store stocks reeling after the Target release are Conn's (CONN -0.1%), hhgregg (HGG -2.4%), Sears Holdings (SHLD -3.1%), GameStop (GME -1.6%), Bon-Ton Stores (BONT -2.3%), Dollar Tree (DLTR -2.1%), Big Lots (BIG -2.4%), Dollar General (DG -1.5%), Citi Trends (CTRN -7.4%), and PriceSmart (PSMT -2.9%).
    • Previously: Investors edgy over retail stocks after Target disappoints (May 18)
    • Previously: Target stung by low traffic trend (May 18)
    | Wed, May 18, 10:08 AM | 5 Comments
  • Fri, May 13, 10:12 AM
    • Sears Holdings (SHLD -1.7%) will test a standalone store in Colorado dedicated to only selling appliances. The company hasn't disclosed if a broader roll-out of the concept is planned.
    • The 10K-square foot location in Fort Collins opens on May 19 with a full assortment of appliances, including all ten of the top selling brands.
    • The standalone appliance store will also serve as a pickup location for online orders.
    • Earlier this month. J.C. Penney (JCP -5.8%) announced it was getting back into the appliances business.
    • Previously: J.C. Penney confirms major push into appliances (May 9)
    | Fri, May 13, 10:12 AM | 23 Comments
  • Thu, May 12, 10:47 AM
    • Department store stocks slump after Kohl's (KSS -11.2%) cites broad concerns over consumer spending to go along with a disappointing report on Q1 sales.
    • The frank assessment from Kohl's included the stinger during the earnings call that "consumer aren't buying apparel" as spending goes toward restaurants and experiences.
    • Damage in the sector includes losses for Sears Holdings (SHLD -4.9%), J.C. Penney (JCP -2.3%), Macy's (M -2.2%), Nordstrom (JWN -1.8%), and Dillard's (DDS -3.2%). Most of those names were already down sharply for the week,
    • Previously: Operating margin shrinks at Kohl's (May 12)
    • Previously: Consumer aren't buying apparel - Kohl's epipheny (May 12)
    | Thu, May 12, 10:47 AM | 10 Comments
  • Wed, May 11, 8:32 AM
    • The department store sector is on watch for volatility after Macy's issues an alarming warning on sales trends.
    • "We are seeing continued weakness in consumer spending levels for apparel and related categories," reads the pinpoint assessment from Macy's.
    • Investors in the department store sector are already scrambling with Kohl's (NYSE:KSS) down 3.62% in premarket trading, J.C. Penney (NYSE:JCP) off 3.64%, and Nordstrom (NYSE:JWN) 2.17% lower. The damage doesn't end there with Ross Stores (NASDAQ:ROST) losing 2.6% and TJX Companies (NYSE:TJX) off by 1%. Dillard's (NYSE:DDS) and Sears Holdings (NASDAQ:SHLD) haven't opened yet.
    | Wed, May 11, 8:32 AM | 24 Comments
  • Mon, Apr. 25, 9:34 AM
    • Green Street Advisors estimates that the department store sector would have to close another 800 stores to match the level of sales per square foot it generated back in 2006.
    • The closings number includes the hundreds of stores already shuttered by major players. Macy's is on the low end with only a 9% store reduction needed to meet the sales metric, while Sears is on the other end with a 43% slashing required to hit the mark.
    • The full report on the department store sector is available from Green Street's website.
    • Related stocks: JCP, KSS, SHLD, M, DDS, OTC:HBAYF, GMAN, BONT.
    • Now read Macy's Expecting Continued Pressure In 2016
    | Mon, Apr. 25, 9:34 AM | 5 Comments
  • Thu, Apr. 21, 5:13 PM
    • Sears (NASDAQ:SHLD) +6.3% AH after announcing plans to close 68 Kmart and 10 Sears stores this summer.
    • SHLD says that, together with $1.2B in debt financing raised earlier this month to provide capital to execute its transformation and to meet its financial obligations, it believes it has taken important steps toward its primary 2016 objective of restoring profitability.
    • Now read Red flags for Sears pensioners
    | Thu, Apr. 21, 5:13 PM | 35 Comments
Company Description
Sears Holdings Corp. is a holding company, which is an integrated retailer with physical and intangible assets. The company, through its subsidiaries, operates a national network of stores with full-line and specialty retail stores in the United States. It also operates number of websites under... More
Sector: Services
Industry: Department Stores
Country: United States