Sears, Roebuck and Co.

Sales at Sears, Roebuck and Co.'s newest store format are 30 percent higher than expected, and even usual trouble spots such as clothing and home-and-bath departments are doing well, the retailer's top executive said Wednesday. Chief Executive Officer...

The 61 standalone stores that Sears, Roebuck and Co. is buying from Kmart Holding Corp. and Wal-Mart Stores Inc. are an average of eight miles away from its traditional mall stores. That distance, Sears says, assures there'll be little sales erosion at...

Sears, Roebuck and Co. hired a former Wal-Mart Stores Inc. executive to help the struggling retailer's strategy for improving sales. Jeffery Gruener will fill the newly created post of vice president of corporate strategy for the Hoffman Estates...

The nation's largest public pension fund has issues with how the country's largest department store governs itself. The California Public Employees' Retirement System will withhold votes for Sears, Roebuck and Co. Chief Executive Alan Lacy and three...

Sears, Roebuck and Co. said Thursday that it will revamp 97 of its traditional stores this month to improve apparel shopping for Hispanics, African-Americans and Asians. The changes, prompted by a two-year study of customer buying patterns at the nation'...

It may seem far-fetched that a retailer as massive as Sears, Roebuck and Co. could ever be dismantled to tap the underlying value of its real estate. After all, the Hoffman Estates-based company is an American icon. It has $9.5 billion in market value,...

The disclosure of a large investment in Sears, Roebuck and Co. by a real estate trust known for liquidating retail assets sparked a 23 percent gain in Sears' stock on Friday. Vornado Realty Trust, which owns the Merchandise Mart, shopping malls and...

This story contains corrected material, published July 24, 2004. Plagued by poor clothing sales, Sears, Roebuck and Co.'s second-quarter profits were about a third less than what Wall Street expected, and the nation's biggest department store chain...

Why would a real estate investment trust buy 4.3 percent of the stock of Sears, Roebuck and Co.? Retail followers at Prudential Equity Group and Goldman Sachs Group Inc. aren't sure they know the answer, but they're intrigued enough by Vornado Realty...

Merging mall anchor Sears, Roebuck and Co. with shopping-strip discounter Kmart won't happen overnight. But some details emerged as executives of the chains took the wraps off their $11 billion deal today. Q. Will some stores close? A. Yes. Sears and...

Future Sears Grand stores will be a little less grand. In recent months, Hoffman Estates-based Sears, Roebuck and Co. has opened two of the freestanding stores--each exceeding 200,000 square feet--to better compete against the growing dominance of...

Defending millions of dollars in executive stock sales in the wake of a planned merger with Kmart Holding Corp., Sears, Roebuck and Co. felt compelled to reassure workers that there is reason for optimism about the retailer's future. "The actions of...