Sears Holdings Corporation

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USA: Sears Launches Hispanic Women's Range | 20 Apr 05

Sears Holdings Corp and Latina Media Ventures, which publishes Latina magazine, have signed a deal to launch an apparel, footwear and bag collection aimed at Hispanic women.

USA: Penney To Focus On Mid-Income Consumers | 20 Apr 05

Chief executive of US department store operator JC Penney, Myron Ullman, says the company is to turn its focus to mid-income shoppers who are forming an available market niche due to mergers among its market rivals.

High style in Thailand: part 1 | 18 Apr 05

Textiles and clothing make up Thailand’s largest manufacturing industry, with more than 4,500 factories employing over one million people. The sector accounts for approximately 20 per cent of total employment in manufacturing and 17 per cent of total Thai GDP. Niki Tait reports from Bangkok.

USA: Sears To Axe At Least 500 In "Mass Layoff" | 8 Apr 05

US retail giant Sears Holding Corp is planning a “mass layoff” of at least 500 employees at its Chicago headquarters, according to a revised report filed with the state’s Department of Commerce and Economic Opportunity.

USA: Sears To Stock Max Azria Parallel Range | 1 Apr 05

US department store group Sears, Roebuck and Co has signed an exclusive deal to sell BCBG Max Azria Group’s Parallel range of contemporary apparel

USA: Sears Holdings To Slash Pay, Benefits? | 30 Mar 05

Newly created retail giant Sears Holdings Corp will cut down on its 400,000 employees’ pay and benefits next year, according to a report in the Detroit Free Press

Direct sourcing puts agents at risk | 18 Mar 05

Looking for shorter lead times, lower inventory levels and quick replenishment to bolster their margins and profitability has encouraged more and more retailers to source directly, rather then go through an agent. Sapna Arora reports.

India races into the post-quota era | 14 Mar 05

The first export statistics for 2005 suggest India has made an impressive entry into the quota-less era. Jozef De Coster, reporting from India, finds the industry is booming, with a wave of investment in weaving and processing, students clamouring to train as fashion or textile designers, and record attendance at this year's Tex-Styles India trade fair.

USA: Robert Sears Joins Bon-Ton As Senior VP | 9 Mar 05

US retailer The Bon-Ton Stores Inc has named Robert Sears as its new senior vice president, general merchandise manager for men’s and home.

USA: Federated To Acquire May In $11bn Deal | 28 Feb 05

US retailer Federated Department Stores Inc is to buy competitor May Department Stores Co in an $11 billion deal which will create the biggest department store chain in the US.

USA: Lands' End To Cut 375 Jobs, Reorganise | 23 Feb 05

Lands’ End, the apparel retailer owned by Sears, Roebuck and Co, is to axe 375 jobs amid a restructuring of its business operations “to respond to changing customer shopping habits.”

USA: Retailers' January 2005 Sales Roundup | 3 Feb 05

The following is a general round-up of apparel and shoe chains' January sales results. The list will be updated as new results become available.

SINGAPORE: Ban Joo Buys 74% Stake In Teo Garments | 27 Jan 05

Singaporean textile producer Ban Joo has bought a 74 per cent stake in garment maker Teo Garments in a transaction worth over SGD2 million.

USA: Kmart, Sesame Street End Exclusive Apparel Deal | 23 Dec 04

Discount retailer Kmart Holding Corp has lost its exclusive rights to sell the Sesame Street children's apparel line.

USA: Footstar Given Green Light For Bonus Packages | 23 Dec 04

The US Bankruptcy Court has approved Footstar Inc’s plan to improve compensation packages for its executives.

USA: Retailers Report Modest Thanksgiving Sales | 30 Nov 04

American retailers have reported generally modest sales since last week’s Thanksgiving holiday, despite a hike in spending at the outset of the holiday period.

USA: Kmart And Sears In $6bn Merger | 18 Nov 04

Discount retailer Kmart Corporation and department store chain Sears, Roebuck and Co are merging in an $11 billion deal that will create the third-largest retailer in the United States.

USA: Nap Inc To Produce VF Intimates' Vassarette Line | 17 Nov 04

VF Intimates LP, a division of VF Corporation, has signed a license agreement with Nap Inc to produce a complete collection of Vassarette sleepwear and loungewear.

USA: Two Hearts Maternity Expands To 645 Sears Stores | 12 Nov 04

Mothers Work Inc’s Two Hearts Maternity collection, will expand to a total of 645 Sears, Roebuck and Co stores in from spring 2005.

USA: Sears Selects JDA Merchandise Management Software | 20 Oct 04

Sears, Roebuck and Co has signed up for several JDA Portfolio Strategic Merchandise Management solutions to help it consistently provide the right merchandise to its customers.

USA: Kmart Chooses Lewis As Its New CEO, President | 19 Oct 04

Retailer Kmart Holding Corp has named fast-food industry veteran Aylwin Lewis as its new chief executive and president.

Japanese sourcing model offers little post-2004 cheer | 4 Oct 04

If the Japanese experience is anything to go by, there will be few crumbs left over for non-Chinese suppliers of clothing to western markets after China has taken its share.

USA: Kmart Threatens To End Footstar's Meldisco Contract | 4 Oct 04

Bankrupt shoe retailer Footstar Inc on Friday said it was “business as usual” at its Meldisco division despite threats from Kmart Corporation to end the licensing agreement which enables Meldisco to operate the footwear departments at Kmart stores nationwide.

TURKEY: Yesim Magazalari Changes Name To SMS Giyim | 28 Sep 04

Clothing retailer Yesim Magazalari has changed its name to SMS Giyim following a decision at yesterday’s general shareholders’ meeting.

USA: Sears Adds Apparel To Online Retail Ops | 13 Sep 04

Sears, Roebuck and Co, already one of the biggest hard goods e-tailers, is extending its online retail operations to include apparel.

USA: Steven Dennis Joins Neiman Marcus As Senior VP | 10 Sep 04

Luxury retailer The Neiman Marcus Group Inc has appointed Steven Dennis as senior vice president (strategy, business development and multi-channel marketing).

USA: JC Penney Exec To Lead Apparel Sourcing At Sears | 23 Aug 04

Sears, Roebuck and Co has named former JC Penney executive Rodney M Birkins Jr to the post of senior vice president of sourcing.

The future looks bright for Hong Kong's Crystal Group | 16 Aug 04

Already one of the world's largest clothing producers, the Hong Kong-based Crystal Group plans to double its sales revenue by 2008. Niki Tait speaks with deputy chief executive, Andrew Lo, about the company's plans for the future.

USA: Sears Hires Paul Jones To Lead Men's Apparel | 16 Aug 04

Paul Jones, senior vice president of men’s wear merchandising for Kohl's Department Stores, has been named the new head of men’s apparel at Sears Roebuck and Co.

USA: Martin Trust To Discuss Apparel Projects In Ghana, Uganda | 27 Jul 04

US industrialist Martin Trust is visiting Ghana and Uganda later this week to explore apparel sourcing and investment opportunities following the recent expansion of the African Growth and Opportunity Act.








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