Sears posts
FeedPosted Sep 15th 2009 2:00PM by Mark Fightmaster (RSS feed)
Filed under: Law, Internet, Sears Holdings (SHLD)
Back in June, there was a report on WalletPop that Sears (NASDAQ: SHLD) and Kmart spied on customers who participated in an online marketing study. The company paid participants in the study $10 if they would download and retain software for "My SHC Community."
The participants were told that the software would help them "participate in exciting, engaging, and on-going interactions" on their own terms. Sears noted that the software would only monitor the participants' online browsing. Not so, according to the Federal Trade Commission (FTC), which reported that the software captured secured sessions from participants -- including online banking. The FTC and Sears came to a settlement and the company was less than apologetic for its maneuver.
Continue reading Sears receives light punishment for spying on consumers
Posted Sep 8th 2009 4:15PM by Steven Mallas (RSS feed)
Filed under: Wal-Mart (WMT), Marketing and advertising, Target Corp. (TGT), Sears Holdings (SHLD)

Not long ago, I found myself in
Sears (NASDAQ:
SHLD) buying a video game. While at the point of sale -- which was a nightmare, not because of anything related to the checkout process, but because a jerk cut in front of me and, after the completion of his transaction, proceeded to deluge the poor associate at the register with a bunch of random, techno nerd-talk that said associate clearly couldn't care any less about (but I digress) -- I noticed something pertaining to a Christmas Club card. Sounded interesting, but I didn't pay much attention to the selling material.
Well, last night I was checking out some articles at Brandweek.com, and lo and behold, I came across this one discussing the holiday card. You know how Christmas Clubs work at banks, correct? Same principle applies here. In a simple nutshell, you get the plastic, you store funds on it, and then you can access those funds later on in the season to acquire presents. It's basically like a gift card that you use for budgeting purposes. Not only is Sears involved in this, but so is Kmart. And there's a promotion going on that's mentioned in the article where you can earn a nominal amount of bonus money on it. I don't know the details; I would suggest checking with Sears/Kmart for further information.
Continue reading Interesting holiday campaign from Sears Holdings
Posted Aug 24th 2009 4:00PM by Jon Ogg (RSS feed)

Today was starting out as another one of those irrational exuberance days with shares gaining, despite a Nouriel Roubini panning of the economy for a
double-dip recession.
But when you factor in Meredith Whitney comments and Dick Bove calling for more bank closures, the sellers put a lid on the market. Today's last two hours were a total coin toss as to whether we'd close up or down today for the day.
Here were today's unofficial closing bell levels:
Dow 9,509.28 +3.32 (0.03%)
S&P 500 1,025.56 -0.57 (-0.06%)
Nasdaq 2,017.98 -2.92 (-0.14%)
Top Analyst UpgradesTop Analyst DowngradesTop Trader Alert StocksContinue reading Closing Bell: A coin-toss of a trading day (WCRX, PG, FNM, FRE, ARIA, MELA, SHLD)
Posted Aug 22nd 2009 12:10PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Hewlett-Packard (HPQ), Home Depot (HD), Target Corp. (TGT), Penney (J.C.) (JCP), Agilent Technologies (A), Sears Holdings (SHLD), Lowe's Cos (LOW), Limited Brands (LTD), Deere and Co (DE), salesforce.com inc (CRM), Trina Solar ADS (TSL)
Continue reading Earnings highlights: B&N, Deere, Heinz, Home Depot, HP, Sears, Target ...
Posted Aug 20th 2009 8:15AM by Mark Fightmaster (RSS feed)
Filed under: Before the bell, Earnings reports, Bad news, Sears Holdings (SHLD)

Slumping sales did in
Sears Holdings (NASDAQ:
SHLD) in the
second quarter, as the company posted a surprise loss of 17 cents per share (excluding items). The
Street expected the company to report earnings of 38 cents per share. Why the staggering disparity?
One reason is that comparable-store sales dropped 8.6% (12.5% at Sears stores and 3.9% at Kmart). Another reason is what the company called "significant items," which include costs associated with store closings and severance (32 cents per share), domestic pension plan expenses (22 cents per share), mark-to-market losses on Sears Canada hedge transactions (8 cents per share), and a positive impact of a reversal of a $62-million reserve (29 cents per share). The store closings include charges that related to the decision to close 28 underperforming stores.
Continue reading Sears reports a surprise loss; could be in for a long day
Posted Aug 16th 2009 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Forecasts, Hewlett-Packard (HPQ), Sears Holdings (SHLD)
Last week we looked at expectations for some retail earnings. More shopping mall favorites are reporting second-quarter results this week, and analysts surveyed by Thomson Reuters are looking for significant earnings growth from some of them.
Aeropostale Inc. (NYSE: ARO), the teen-focused retailer spun off from Macy's (NYSE: M) in 1998, is expected to post a second-quarter profit that is 44.6% higher than a year ago, or $0.56 per share. Revenue for the quarter is expected to be 19.7% higher, or $451.3 million. For the full year, the forecast so far is for $2.98 per share (+25.8%) on $2.2 billion (+14.6%). Earnings of the New York-based company have matched estimates in recent quarters. The long-term EPS growth forecast is 13.9%, which is better than the retail industry average and rival Abercrombie & Fitch Co. (NYSE: ANF). Aeropostale's earnings multiple is 12x, and this debt-free company's cash flow from operations swung into positive territory in the first quarter. The First Call consensus recommendation is to buy ARO; The Motley Fool identified it as a Wall Street favorite. Shares are down a couple of bucks from the 52-week high of $38.74 back in July, but are still 123.0% higher year to date.
Continue reading The week in preview: More retail results (and a few techs too)
Posted Jun 15th 2009 3:40PM by Steven Mallas (RSS feed)
Filed under: Earnings reports, Forecasts, Wal-Mart (WMT), Target Corp. (TGT), Best Buy (BBY), Sears Holdings (SHLD)
Best Buy (NYSE:
BBY), the electronics mecca that competes with retailers such as
Wal-Mart (NYSE:
WMT),
Target (NYSE:
TGT),
Sears (NASDAQ:
SHLD), and
GameStop (NYSE:
GME), will be issuing earnings for the first fiscal quarter on Tuesday, June 16. According to this
source, Best Buy will see a decline in net income. Analysts believe that the retailer will do $0.34 per share, which represents a drop of about 20%.
But, according to that same source, Best Buy has beaten the analysts at their game in the last two quarters. If you ask me, I think the company has a good chance of beating the forecast yet again. With all the euphoria in the equities market as of late, and with all the talk about the recession possibly coming to an end late this year, I feel that consumers must have been in a better mood in the most recent quarter. And one would assume a big name like Best Buy would get its share of the traffic.
Continue reading Will Best Buy best the analysts?
Posted May 23rd 2009 9:40AM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Home Depot (HD), Target Corp. (TGT), Campbell Soup (CPB), Safeway Inc (SWY), Sears Holdings (SHLD), Lowe's Cos (LOW), Deere and Co (DE)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Home Depot, Target, Sears, Campbell, Deere and more
Posted May 14th 2009 3:00PM by Steven Mallas (RSS feed)
Filed under: Earnings reports, Wal-Mart (WMT), Target Corp. (TGT), Sears Holdings (SHLD), Costco Wholesale (COST)
Wal-Mart (NYSE:
WMT), a retailer that competes with companies such as
Target (NYSE:
TGT),
Sears (NASDAQ:
SHLD), and
Costco (NASDAQ:
COST), issued what I thought was a decent
Q1 report. Sales may have been affected by currency effects, but overall, the giant chain seems to be holding up reasonably well.
Revenues dipped 0.6%. The company earned $0.77 per diluted share. No, the bottom line didn't do great in terms of earnings growth. Last year at this time, Wal-Mart made $0.76 per diluted share. That extra penny does not connotate excitement, I can tell you that. But shareholders can comfort themselves by the fact that Wal-Mart came in at the high end of its own guidance. Wall Street analysts pretty much agreed that the business would make about that much.
Continue reading Wal-Mart delivers okay quarter, but comps were cool
Posted Feb 28th 2009 4:40PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Home Depot (HD), Target Corp. (TGT), Campbell Soup (CPB), Safeway Inc (SWY), Sears Holdings (SHLD), Kohl's Corp (KSS), Nordstrom, Inc (JWN), Garmin Ltd (GRMN), Marvel Entertainment (MVL)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Campbell, Sears, Home Depot, Nordstrom, Marvel and more
Posted Jan 10th 2009 4:10PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Wal-Mart (WMT), Intel (INTC), Bed Bath and Beyond (BBBY), Chevron Corp (CVX), Sears Holdings (SHLD), Family Dollar Stores (FDO)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
For more earnings highlights, see Time Warner, Satyam, Google, KB Home, Mosaic and others
Upcoming earnings releases include Alcoa Inc. (NYSE: AA), Infosys (NASDAQ: INFY), Linear Technologies (NASDAQ: LLTC) , Xilinx (NASDAQ: XLNX), Genentech (NYSE: DNA), Intel (NASDAQ: INTC), Marshall & Ilsley (NYSE: MI), Sealy (NYSE: ZZ), Johnson Controls (NYSE: JCI).
Visit AOL Money & Finance for more earnings coverage.
Next Page >