Content about Kmart Australia

December 16, 2011
Report: Someone is playing Santa at Kmart stores

There is a heartwarming story playing out at Kmart stores throughout the Midwest: Anonymous donors are paying off strangers' layaway accounts, buying the Christmas gifts, especially toys and children’s clothing, that the families might otherwise have a hard time paying, the Associated Press reported.

Omaha, Neb. -- There is a heartwarming story playing out  at Kmart stores  throughout the Midwest: Anonymous donors are paying off strangers'  layaway accounts, buying the Christmas gifts, especially toys and children’s clothing, that the families might otherwise have a hard time paying, the Associated Press reported.

August 18, 2011
Sears Holdings loss widens in Q2, misses Street

Sears Holdings Corp. reported Thursday that its losses for the second quarter widened more than expected to $146 million, compared with a loss of $39 million in the year-ago period.

Hoffman Estates, Ill. -- Sears Holdings Corp. reported Thursday that its losses for the second quarter widened more than expected to $146 million, compared with a loss of $39 million in the year-ago period.

The operator of Sears and Kmart stores cited aggressive merchandise markdowns as one reason for the poor performance. This is the second consecutive quarterly loss of the company, and its fourth in the last five quarters.

January 28, 2011
Sears announces executive appointment

Sears Holdings announced today retail veteran Chris Capuano will join the company as senior VP and president -- Home Fashions.

Hoffman Estates, Ill. -- Sears Holdings announced today retail veteran Chris Capuano will join the company as senior VP and president -- Home Fashions. She will be responsible for the oversight, leadership and growth of the in-store and online merchandising of home fashions in both the Sears and Kmart formats.

Capuano most recently served as  executive VP GMM – Home and Footwear at Kohl's.

January 11, 2011
Kmart up, Sears down in December

A 2.3% same-store sales gain at Kmart was not enough to offset a 6% decline at Sears resulting in an overall 1.7% decline for the combined companies domestic operations during the five week December reporting period ended Jan. 1.

Hoffman Estates, Ill. -- A 2.3% same-store sales gain at Kmart was not enough to offset a 6% decline at Sears resulting in an overall 1.7% decline for the combined companies domestic operations during the five week December reporting period ended Jan. 1.

November 19, 2010
Destination Maternity Q4 profit triples

Destination Maternity said its fourth-quarter net income tripled as cost-cutting measures paid off, even as sales in some categories fell.

Philadelphia -- Destination Maternity said its fourth-quarter net income tripled as cost-cutting measures paid off, even as sales in some categories fell.

The company earned almost $4.3 million for the quarter that ended Sept. 30, up from $1.4 million during the same period last year. Revenue rose slightly to $124.3 million, from $123.8 million a year earlier. Same-store sales fell 2.3%.

November 18, 2010
Sears loss widens in Q3

Sears Holdings Corp. reported Thursday that its loss for the quarter ended Oct. 31 widened to $218 million, compared with a loss of $127 million in the year-ago period.

Hoffman Estates, Ill. -- Sears Holdings Corp. reported Thursday that its loss for the quarter ended Oct. 31 widened to $218 million, compared with a loss of $127 million in the year-ago period. The loss was more than analysts expected as margins fell and sales dropped, especially at the company's namesake stores.

"While Kmart improved profitability, our third-quarter results were disappointing, in large part due to lower sales of apparel and appliances at Sears," said interim CEO W. Bruce Johnson.

August 18, 2010
Sears Holdings narrows Q2 loss by half, misses Street

Sears Holdings Corp. reported Thursday that it cut its second-quarter loss by more than half...

May 19, 2010
Sears net income falls on lower margins

Sears Holdings Corp.'s first-quarter net income fell 38% on thinner profit margins at its Sears...

May 28, 2008
Sears Blames Slumping Sales for 1Q Loss

Sears Holding Corp. reported a $56 million first-quarter loss Thursday. It blamed the fact that...

February 27, 2008
Sears Profil Falls 47%

Sears Holdings Corp. Thursday said fourth-quarter profit tumbled 47%, due to poor performance at its...

October 29, 2007
Sears Holdings Names Senior VP

Hoffman Estates, Ill., ...

July 30, 2007
Chain Performance

Convenience Stores Chain PerformanceCompanyFiscal Year End2006 Sales (000) Merchandise Only%Change Sales Merchandise Only%Change Gross Margin...

January 26, 2005
Sears Sales and Profit Decline in Q4

Hoffman Estates, Ill., ...