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Sears, Kmart drop Trump-branded merchandise

Sears, Kmart drop Trump-branded merchandise

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Sears, Kmart add to defections from Trump brands amid controversy over ethics

Trump-branded consumer products have suffered new blows, with U.S. retailers Sears and Kmart discontinuing online sales of 31 Trump Home items.

Sourced through Scoop.it from: www.cnbc.com

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Sears shares snap 45% higher after $1 billion cost-cutting plan

The program will be aimed at simplifying the company’s organizational structure and improving product assortment at Sears and Kmart stores.

Sourced through Scoop.it from: www.cnbc.com

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Sears Soars After CEO Assures Investors He Can Fix Business

Sears Holdings Corp. rose as much as 52 percent in early trading after Chief Executive Officer Eddie Lampert vowed to fix the troubled retailer, saying he would lower its debt burden and cut annual expenses by at least $1 billion.

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Bridgeton Kmart on Closing List

NEW YORK (AP/KMOX) — Sears Holdings Corp. announced Thursday that it will close 68 Kmart stores and 10 Sears stores as it struggles to restore profitability. 139 more words

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