Sears, Roebuck and Co.

June was a wheeling-and-dealing kind of month for Kmart Holding Corp. Chairman Edward Lampert. In two separate deals, his discount chain sold 78 stores to Sears, Roebuck and Co. and Home Depot Inc. for nearly $1 billion. Not a bad start to the summer...

Sears, Roebuck and Co., which until now has announced plans for only five freestanding Sears Grand discount stores, now believes its new off-mall format has the potential for up to 500 locations, an executive at the Hoffman Estates-based department-...

Shareholders chastised Sears, Roebuck and Co. officials Thursday at the company's annual meeting, taking issue with what they called hefty executive bonuses in a year in which the struggling retailer's stock lost nearly half of its value. "You are...

In a bold move that shakes up one of Chicago's most enduring business icons, Kmart Holding Corp. pounced on Sears, Roebuck and Co. Wednesday in a merger valued at $11 billion. The new company, which will be called Sears Holdings Corp., will become the...

Will Martha Stewart be wearing a Lands' End cardigan in the Kmart stores of the future? Not likely, say several retail observers. Of all the exclusive Sears, Roebuck and Co. brands that could end up in Kmart stores after the retailers merge, the...

It's going to be a race to complete the supersized McDonald's restaurant in downtown Chicago in time for the kickoff of the company's 50th anniversary party on Friday. But Daniel Wohlfeil, McDonald's director of worldwide development, is promising the...

To lure holiday shoppers, Sears, Roebuck and Co. has dangled deals ranging from free $10 gift cards for early birds to $450 price tags on 20-inch liquid crystal display televisions originally $600. But have the crowd-pleasing bargains been part of a...

Experiencing weakness in every department of its traditional mall stores, Sears, Roebuck and Co. was one of the few major retailers to post disappointing May sales, and the Hoffman Estates merchant on Thursday provided a more somber assessment of its...

As part of a wide-ranging restructuring, Sears, Roebuck and Co. trimmed its executive suite and raised the possibility that additional jobs could be lost or outsourced at the Hoffman Estates-based department store chain. Sears Chief Executive Alan Lacy...

Worried that home-improvement chains are stealing market share, Sears, Roebuck and Co. will expand the number of its appliance and electronics outlet stores over the next two years by nearly 70 percent. Calling it a quick and inexpensive way to plug...

The head of Sears, Roebuck and Co.'s multicultural marketing group is leaving the Hoffman Estates retailer as part of a cost-cutting program sweeping the company. Billye Alexander, a 34-year Sears veteran who was named vice president for multicultural...

Kmart Corp.'s cheeky proposal to acquire Sears, Roebuck and Co. for $11 billion may be wowing Wall Street, but it doesn't do anything to fix the serious problems afflicting two of the country's largest retailers, retail and business strategy experts say....