Content about W. Bruce Johnson

February 24, 2011

Sears Holdings Corp. has named a former technology executive as its new chief executive.

Hoffman Estates, Ill. -- Sears Holdings Corp. has named a former technology executive as its new chief executive. The struggling retailer’s three-year search for a permanent CEO came to an end with the announcement on Wednesday that it has appointed Lou D’Ambrosio as chief executive and president. He will assume the office and join Sears’ board on Feb. 24.

November 18, 2010

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 27, 2008

Sears Holdings Corp. said second-quarter profit fell 62% as the company continued to struggle to...

January 27, 2008

Chicago Sears Holdings Corp. said Monday that its president and CEO Aylwin B. Lewis would...