Sears Canada

WVU Medicine to Open Fulfillment Location at Morgantown Mall as Part of Washington Prime Group’s Fulventory Initiative

Monday, June 22, 2020 - 2:00pm

Washington Prime Group Inc. (NYSE: WPG) today announced that the Company has signed a letter of intent with WVU Medicine to repurpose the former Sears location at Morgantown Mall, in Morgantown, West Virginia, as a logistics, distribution and fulfillment center serving the broader WVU Medicine network.

Key Points: 
  • Washington Prime Group Inc. (NYSE: WPG) today announced that the Company has signed a letter of intent with WVU Medicine to repurpose the former Sears location at Morgantown Mall, in Morgantown, West Virginia, as a logistics, distribution and fulfillment center serving the broader WVU Medicine network.
  • Lou Conforti, CEO and Director of Washington Prime Group stated: I am truly humbled to announce our affiliation with WVU Medicine at Morgantown Mall for a variety of reasons.
  • Second, the logistics and warehouse utilization of the Morgantown Mall space by WVU Medicine further exhibits the viability of Fulventory, our recently initiated last mile fulfillment program.
  • Washington Prime Group Inc. is a retail REIT and a recognized leader in the ownership, management, acquisition and development of retail properties.

Sears Outlet Committed to Providing Access to Essential Items During Pandemic

Tuesday, April 7, 2020 - 10:21pm

For more information about what Sears Outlet is doing to respond to the COVID-19 pandemic, go to: https://www.searsoutlet.com/oa/what-were-doing/ .

Key Points: 
  • For more information about what Sears Outlet is doing to respond to the COVID-19 pandemic, go to: https://www.searsoutlet.com/oa/what-were-doing/ .
  • The website also provides information about how Sears Outlet has responded to the COVID-19 pandemic as well as updates to individual store operating hours.
  • While Sears Outlet remains open, it was recently announced that Sears, which is not affiliated with Sears Outlet, was closing all of its stores for the remainder of April.
  • Customers can find more information about the Sears Outlet transition to the new American Freight Appliance, Furniture, Mattress at www.searsoutlet.com/rebrand and www.americanfreight.com/sears-outlet-rebrand .

U.S. Concrete Board of Directors Nominates Rajan C. Penkar to the Company's Board of Directors

Thursday, March 5, 2020 - 10:42pm

Concrete" or the "Company") announced today that its Board of Directors ("Board") has nominated Rajan C. Penkar for election to join the Company's Board of Directors.

Key Points: 
  • Concrete" or the "Company") announced today that its Board of Directors ("Board") has nominated Rajan C. Penkar for election to join the Company's Board of Directors.
  • Concrete Lead Independent Director of the Board, Michael D. Lundin.
  • From 2011 to 2014, Mr. Penkar served as senior vice president and president, supply chain for Sears Holding Corporation, an integrated retailer.
  • Concrete has continued to grow organically and through a series of strategic acquisitions of independent producers in our target markets.

Kelly Services® Adds D. Hugo Malan to Senior Leadership Team; Named President of New STEM Business Unit

Thursday, March 5, 2020 - 12:30pm

With approximately 20 years of wide-ranging business leadership experience, Malan brings a fresh perspective to Kelly as the company accelerates its transformation into a leading specialty talent solutions provider.

Key Points: 
  • With approximately 20 years of wide-ranging business leadership experience, Malan brings a fresh perspective to Kelly as the company accelerates its transformation into a leading specialty talent solutions provider.
  • Malan will have overall responsibility for Kellys Science, Engineering and IT business portfolios and related product offerings while driving strategy and seamless execution of all aspects of the STEM business.
  • We are thrilled to welcome to our team an executive of Hugo Malans caliber, Quigley said.
  • Before that, he was a Senior Vice President and President of operating units for Sears Holdings.

Calfee, Halter & Griswold LLP Files Appeal in New York Court on Behalf of Asian Vendor Client in Sears Chapter 11 Bankruptcy Cases

Friday, December 6, 2019 - 2:00pm

Calfee, Halter & Griswold LLP , on behalf of a Hong Kong-based client, recently initiated an appeal from an order entered by the United States Bankruptcy Court for the Southern District of New York in the Chapter 11 bankruptcy cases of Sears Holding Corporation and its affiliated debtors.

Key Points: 
  • Calfee, Halter & Griswold LLP , on behalf of a Hong Kong-based client, recently initiated an appeal from an order entered by the United States Bankruptcy Court for the Southern District of New York in the Chapter 11 bankruptcy cases of Sears Holding Corporation and its affiliated debtors.
  • Calfee brought the appeal to the United States District Court for the Southern District of New York to vindicate the interests of its client, an Asian vendor that physically delivered goods to Sears both in the 20 days prior to the bankruptcy filing and after the bankruptcy filing.
  • Under federal bankruptcy law, those claims should be afforded administrative expense priority and must be paid in full under a plan of reorganization.
  • The appeal asserts that both Sears and the bankruptcy court applied the Bankruptcy Code in a manner that imposes disparate treatment of similarly situated claims.

Kenmore Microwave Ovens Recalled Due to Burn Hazard; Made by Guangdong Galanz; Sold Exclusively at Sears and Sears Hometown and Outlet Stores

Thursday, November 14, 2019 - 6:46pm

Sold At: Exclusively at Sears and Sears Hometown and Outlet Stores nationwide from May 2017 through July 2018 for about $350.

Key Points: 
  • Sold At: Exclusively at Sears and Sears Hometown and Outlet Stores nationwide from May 2017 through July 2018 for about $350.
  • Deaths, injuries, and property damage from consumer product incidents cost the nation more than $1 trillion annually.
  • CPSC is committed to protecting consumers and families from products that pose a fire, electrical, chemical or mechanical hazard.
  • For more lifesaving information, follow us on Facebook , Instagram @USCPSC and Twitter @USCPSC or sign up to receive our e-mail alerts.

Macerich: Saratoga Hospital Leases Former Sears Space at Wilton Mall

Tuesday, October 1, 2019 - 11:00am

SARATOGA SPRINGS, N.Y., Oct. 1, 2019 /PRNewswire/ --Saratoga Hospital is leasing more than 56,000 square feet at Wilton Mall to free much-needed space for patient care on the main hospital campus.

Key Points: 
  • SARATOGA SPRINGS, N.Y., Oct. 1, 2019 /PRNewswire/ --Saratoga Hospital is leasing more than 56,000 square feet at Wilton Mall to free much-needed space for patient care on the main hospital campus.
  • Information systems and other support functions will be the first to move from the hospital campus to the mall space previously occupied by Sears.
  • "This repurposing of the former Sears space for hospital support functions represents a forward-thinking adaptive reuse of retail space.
  • About Wilton Mall: Serving the Saratoga Springs community, Wilton Mall features a wide selection of retail, dining and entertainment offerings.

Sears Hometown and Outlet Stores, Inc. Reports Second Quarter 2019 Results

Thursday, September 19, 2019 - 9:38pm

The forward-looking statements include, without limitation, information concerning our future financial performance, business strategies, plans, goals, beliefs, expectations, and objectives.

Key Points: 
  • The forward-looking statements include, without limitation, information concerning our future financial performance, business strategies, plans, goals, beliefs, expectations, and objectives.
  • The Company has entered into the Merger Agreement pursuant to which Merger Subsidiary will merge with and into the Company.
  • About Sears Hometown and Outlet Stores, Inc.
    Sears Hometown and Outlet Stores, Inc. is a national retailer primarily focused on selling appliances, hardware, tools and lawn and garden equipment.
  • SEARS HOMETOWN AND OUTLET STORES, INC.

Liberty Tax, Inc. To Acquire Outlet Business From Sears Hometown And Outlet Stores, Inc.

Tuesday, August 27, 2019 - 1:39pm

ESL Investments, Inc. and its affiliates, the majority owners of Transform, presently hold approximately 55.2% of the outstanding shares of Sears Hometown.

Key Points: 
  • ESL Investments, Inc. and its affiliates, the majority owners of Transform, presently hold approximately 55.2% of the outstanding shares of Sears Hometown.
  • The Sale and the merger between Sears Hometown and Transform are each expected to close in October 2019, subject to the satisfaction of specified conditions.
  • Will Powell, Chief Executive Officer and President of Sears Hometown, said "The Sears Outlet business is a profitable business with a unique business strategy that, as part of the dynamic Liberty Tax group of companies, is expected to generate future growth."
  • About Sears Hometown and Outlet Stores, Inc.
    Sears Hometown and Outlet Stores, Inc. is a national retailer primarily focused on selling home appliances, hardware, tools and lawn and garden equipment.

Liberty Tax, Inc. to Acquire Outlet Business From Sears Hometown and Outlet Stores, Inc.

Tuesday, August 27, 2019 - 1:35pm

ESL Investments, Inc. and its affiliates, the majority owners of Transform, presently hold approximately 55.2% of the outstanding shares of Sears Hometown.

Key Points: 
  • ESL Investments, Inc. and its affiliates, the majority owners of Transform, presently hold approximately 55.2% of the outstanding shares of Sears Hometown.
  • The Sale and the merger between Sears Hometown and Transform are each expected to close in October 2019, subject to the satisfaction of specified conditions.
  • Will Powell, Chief Executive Officer and President of Sears Hometown, said The Sears Outlet business is a profitable business with a unique business strategy that, as part of the dynamic Liberty Tax group of companies, is expected to generate future growth.
  • About Sears Hometown and Outlet Stores, Inc.
    Sears Hometown and Outlet Stores, Inc. is a national retailer primarily focused on selling home appliances, hardware, tools and lawn and garden equipment.