Tags: US | Sears | Annual | Meeting

Sears Plans to Revamp Merchandise, Grow on Web

Tuesday, 04 May 2010 02:03 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

The financier who leads Sears Holdings Corp. says the retailer is gearing up to revamp merchandise and services in its stores. And Chairman Edward Lampert says the company's Internet presence will continue to balloon as more customers shop online.

Speaking during the company's annual shareholder meeting Tuesday, Lampert told a roomful of investors that in five years Sears will be "unrecognizable compared to what the company was 20, 30, 40 years ago."

Based in suburban Chicago, the retailer owns Sears, Kmart and Land's End and popular brands such as Craftsman, Diehard and Kenmore. But it is increasingly focusing its efforts on the Web.

Also Tuesday, shareholders elected interim CEO and President W. Bruce Johnson to Sears' seven-member board.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Expert: Use Complex Passwords to Protect Accounts

Tuesday, 02 Sep 2014 13:09 PM

One primary method to protect Internet cloud accounts from hackers is to use "complex" passwords, a cyber security exper . . .

Texas Calls Voter ID Trial Obama Play For Minority Votes

Tuesday, 02 Sep 2014 15:34 PM

The U.S. Justice Department wants Texas back.
A trial that began today in Corpus Christi over the legality of a vot . . .

Apple Says ICloud Not Breached in Celebrity Photo Hack

Tuesday, 02 Sep 2014 15:22 PM

Apple said Tuesday that certain accounts of Hollywood celebrities were compromised via a very targeted attack on its s . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved