Last €21.28 EUR
Change Today +0.335 / 1.60%
Volume 0.0
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As of 2:12 AM 09/22/14 All times are local (Market data is delayed by at least 15 minutes).

sears holdings corp (SEE) Snapshot

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52 Week High
11/26/13 - €40.50
52 Week Low
02/5/14 - €20.02
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Current Stock Chart for SEARS HOLDINGS CORP (SEE)

sears holdings corp (SEE) Details

Sears Holdings Corporation operates as a retailer in the United States and Canada. The company’s Kmart segment operates stores that sell merchandise under Jaclyn Smith, Joe Boxer labels, and Alphaline labels; and Sears brand products and services, such as Kenmore, Craftsman, and DieHard, as well as Kenmore-branded products. This segment’s stores provide consumer electronics, seasonal merchandise, outdoor living, toys, lawn and garden equipment, food and consumables, and apparel; and operate in-store pharmacies. The company’s Sears Domestic segment operates stores that sell merchandise under the Kenmore, Craftsman, DieHard, Lands’ End, Covington, Apostrophe, and Canyon River Blues brand names, as well as Roadhandler. Its stores provide appliances, consumer electronics, tools, sporting goods, home fashion products, apparel, footwear, jewelry, accessories, health and beauty products, pantry goods, and household products, as well as automotive services and products. This segment also provides soft luggage; appliances and services to commercial customers in single-family residential construction/remodel, property management, multi-family new construction, and government/military sectors; premium appliance and plumbing fixtures to architects, designers, and new construction or remodeling customers; parts and repair services for appliances, lawn and garden equipment, consumer electronics, floor care products, and heating and cooling systems; and home improvement services. Its Sears Canada segment is primarily involved in the retail of apparel and other softlines. The company operates approximately 1,980 full-line and specialty retail stores in the United States; 449 full-line and specialty retail stores in Canada; and and Websites. Sears Holdings Corporation was founded in 1899 and is based in Hoffman Estates, Illinois.

249,000 Employees
Last Reported Date: 03/18/14
Founded in 1899

sears holdings corp (SEE) Top Compensated Officers

Chairman, Chief Executive Officer and Chairma...
Total Annual Compensation: $1.0
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $797.0K
Executive Vice President and President of Onl...
Total Annual Compensation: $997.2K
Chief Merchandising Officer, Executive Vice P...
Total Annual Compensation: $997.0K
Chief Information Officer and Executive Vice ...
Total Annual Compensation: $1.9M
Compensation as of Fiscal Year 2013.

sears holdings corp (SEE) Key Developments

Sears Holdings' Store to Close at Century III Mall

Sears Holdings has opted to close the Sears store and Sears Auto Center at Century III Mall in West Mifflin. The company notified employees of the decision and a spokesman confirmed the location will close to the public in early December. A liquidation sale will begin on Sept. 26, 2014. There are 88 employees who work at the Sears operations at Century III, with eligible associates expected to receive severance pay and the chance to apply for other positions at Sears or Kmart stores. The Sears store is a traditional two-level mall anchor at Century III Mall. The closing will leave only two anchor department stores at the mall: Macy's and JCPenney.

The Sears Store and Sears Auto Center in Towne West Square Mall to Close in Early December

The Sears store and Sears Auto Center in Towne West Square mall, which together employ 103 people, will close in early December. Sears also has a store at Towne East Square mall and an outlet at 3535 N. Rock Road.

Sears Holdings Corporation, Through Sears, Roebuck and Co., Sears Development Co., and Kmart Corporation Enter into $400 Million Secured Short-Term Loan

Sears Holdings Corporation, through Sears, Roebuck and Co., Sears Development Co., and Kmart Corporation, entities wholly-owned and controlled, directly or indirectly by the company, entered into a $400 million secured short-term loan with JPP II, LLC and JPP, LLC (together, the lender), entities affiliated with ESL Investments Inc. The first $200 million of the loan was funded at the closing on September 15, and, subject to the satisfaction of certain post-closing conditions, $200 million will be funded on September 30, 2014. The company expects to use the proceeds of the Loan for general corporate purposes. The loan is scheduled to mature on December 31, 2014, but as long as there is no event of default, the maturity date can be extended to February 28, 2015 at the discretion of the company upon the payment of an extension fee equal to 0.5% of the principal amount. The loan will have an annual base interest rate of 5%. The borrowers are required to pay an upfront fee of 1.75% of the full principal amount. The loan is guaranteed by the company and is secured by a first priority lien on 25 real properties owned by the borrowers.


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