Sears

Seritage Growth Properties Announces Third Quarter 2020 Earnings Release Date

Thursday, October 22, 2020 - 12:00pm

Seritage Growth Properties (NYSE:SRG) announced today that it will release its third quarter 2020 financial and operating results in a press release on Thursday, November 5, 2020, after the market close.

Key Points: 
  • Seritage Growth Properties (NYSE:SRG) announced today that it will release its third quarter 2020 financial and operating results in a press release on Thursday, November 5, 2020, after the market close.
  • Seritage Growth Properties is a publicly-traded, self-administered and self-managed REIT with 171 wholly-owned properties and 28 joint venture properties totaling approximately 31.6 million square feet of space across 44 states and Puerto Rico.
  • The Company was formed to unlock the underlying real estate value of a high-quality retail portfolio it acquired from Sears Holdings in July 2015.
  • The Companys mission is to create and own revitalized shopping, dining, entertainment and mixed-use destinations that provide enriched experiences for consumers and local communities, and create long-term value for our shareholders.

BGG Announces White Paper on ApplePhenon® by Renowned Doctor William Sears, MD(1)

Tuesday, October 13, 2020 - 1:32pm

IRVINE, Calif., Oct. 13, 2020 /PRNewswire/ -- BGG World (BGG) announced today that renowned health expert William Sears, MD1 has published a white paper on BGG's ApplePhenon, a unique apple extract high in polyphenols and antioxidants.

Key Points: 
  • IRVINE, Calif., Oct. 13, 2020 /PRNewswire/ -- BGG World (BGG) announced today that renowned health expert William Sears, MD1 has published a white paper on BGG's ApplePhenon, a unique apple extract high in polyphenols and antioxidants.
  • The white paper covers key information about ApplePhenon with a focus on the extensive medical research on its health-giving properties.
  • ApplePhenon has been the subject of over 50 published studies including 17 state-of-the-art human clinical trials.
  • Building on 25 years of innovative leadership, BGG provides consumer product makers with efficacious ingredients of outstanding quality.

Seritage Growth Properties Announces Second Quarter 2020 Earnings Release Date

Thursday, July 23, 2020 - 12:00pm

Seritage Growth Properties (NYSE:SRG) announced today that it will release its second quarter 2020 financial and operating results in a press release on Thursday, August 6, 2020, after the market close.

Key Points: 
  • Seritage Growth Properties (NYSE:SRG) announced today that it will release its second quarter 2020 financial and operating results in a press release on Thursday, August 6, 2020, after the market close.
  • Seritage Growth Properties is a publicly-traded, self-administered and self-managed REIT with 175 wholly-owned properties and 28 joint venture properties totaling approximately 32.2 million square feet of space across 44 states and Puerto Rico.
  • The Company was formed to unlock the underlying real estate value of a high-quality retail portfolio it acquired from Sears Holdings in July 2015.
  • The Companys mission is to create and own revitalized shopping, dining, entertainment and mixed-use destinations that provide enriched experiences for consumers and local communities, and create long-term value for our shareholders.

Worldwide Electrical Equipment Retailers Market Study 2020 - Comprehensive Individual Analysis on the Top 520 Companies - ResearchAndMarkets.com

Monday, June 29, 2020 - 10:51am

The "Electrical Equipment Retailers (GLOBAL) - Industry Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Electrical Equipment Retailers (GLOBAL) - Industry Report" report has been added to ResearchAndMarkets.com's offering.
  • This report provides a detailed overview of the global electrical equipment retailers market and delivers a comprehensive individual analysis on the top 520 companies, including SEARS HOLDINGS CORPORATION, MVM and CONN'S, INC.
  • Each of the largest 520 companies is meticulously scrutinised in an individual assessment and analysed using the most up-to-date and current financial data.
  • Every business is examined on the following features:
    Subsequently, you will receive a thorough 100-page market analysis highlighting the latest changes in the market.

American Freight Donates Over $100K in Home Furnishings to 25 Local Fire Stations

Wednesday, June 24, 2020 - 6:21pm

To celebrate the July 4th holiday, American Freight is working with fire stations across the country in need of appliance or furniture updates.

Key Points: 
  • To celebrate the July 4th holiday, American Freight is working with fire stations across the country in need of appliance or furniture updates.
  • In February 2020, American Freight combined with Sears Outlet, a leading national discount retailer of home appliances, to create American Freight Furniture Mattress Appliance.
  • American Freight is celebrating the newly re-branded American Freight, now with over 300 locations, with a two week Grand Opening Savings Event, from June 25 July 9.
  • In February 2020, American Freight announced its intention to combine with Sears Outlet, a leading national discount retailer of home appliances, to create American Freight Furniture Mattress Appliance.

Seritage Growth Properties Provides Tenant Activity Update

Thursday, June 4, 2020 - 1:00pm

Seritage Growth Properties (NYSE: SRG) (the Company), a national owner of 203 retail and mixed-use properties totaling approximately 32.2 million square feet, today provided an update related to its master lease (the Holdco Master Lease) with Transform Holdco LLC (Sears) and other tenant activity in light of the COVID-19 pandemic.

Key Points: 
  • Seritage Growth Properties (NYSE: SRG) (the Company), a national owner of 203 retail and mixed-use properties totaling approximately 32.2 million square feet, today provided an update related to its master lease (the Holdco Master Lease) with Transform Holdco LLC (Sears) and other tenant activity in light of the COVID-19 pandemic.
  • Sears will continue to pay all other additional rent (representing real estate taxes, utilities, common area maintenance and other property operating expenses) during the deferral period.
  • The Company had collected April rental income representing 65% of contractual amounts, and agreed to defer an additional 6%, from tenants other than Sears.
  • Seritage Growth Properties is a publicly-traded, self-administered and self-managed REIT with 175 wholly-owned properties and 28 joint venture properties totaling approximately 32.2 million square feet of space across 44 states and Puerto Rico.

1WorldSync Appoints New Leadership in People Operations, Sales and Marketing, and General Counsel

Wednesday, May 20, 2020 - 5:00pm

TJ Waldorf joins as Vice President of Sales and Marketing, Eileen Timmins joins as Vice President of Human Resources and Administration and Jeremy Holbrook is appointed General Counsel.

Key Points: 
  • TJ Waldorf joins as Vice President of Sales and Marketing, Eileen Timmins joins as Vice President of Human Resources and Administration and Jeremy Holbrook is appointed General Counsel.
  • "Eileen, Jeremy and TJ have impressive track records that will be huge assets to the growing 1WorldSync team.
  • Their unmatched enthusiasm and passion for our mission is an exciting combination," said Steve Sivitter, Chief Executive Officer at 1WorldSync.
  • Jeremy Holbrook joins 1WorldSync as General Counsel.Jeremy previously served as Deputy General Counsel at Sears Holdings.

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 .

Nationwide Power Continues to Support Critical Power Needs Across U.S. During Coronavirus Shutdown

Monday, April 6, 2020 - 10:00pm

HENDERSON, Nev., April 6, 2020 /PRNewswire/ -- As an essential business operation, providing customers with critical power services across the U.S., Nationwide Power will remain open for emergency service andtime-sensitive needs.

Key Points: 
  • HENDERSON, Nev., April 6, 2020 /PRNewswire/ -- As an essential business operation, providing customers with critical power services across the U.S., Nationwide Power will remain open for emergency service andtime-sensitive needs.
  • Despite the need to remain open for emergency service andtime-sensitive needs, Nationwide Power has taken steps to prioritize the safety of both its employees and customers:
    Effective April 2, 2020, all non-emergency field service work will bepostponed.
  • According to Dan Sears,Vice President of Field Operations, the direction to continue performing only emergency service ortime-sensitive needs comes out of concern and commitment to the employees and customers of Nationwide Power.
  • For emergency service ortime-sensitive critical power needs, call 866-341-7547.

Transformco Temporarily Closes All Sears Stores In Response To Coronavirus (COVID-19), Provides Business Update

Friday, April 3, 2020 - 11:11pm

HOFFMAN ESTATES, Ill., April 3, 2020 /PRNewswire/ --Transformco, parent company of Sears and Kmart, announced that in response to the Coronavirus (COVID-19), it will temporarily close all Sears stores effective April 4 at end of day through at least April 30, 2020.

Key Points: 
  • HOFFMAN ESTATES, Ill., April 3, 2020 /PRNewswire/ --Transformco, parent company of Sears and Kmart, announced that in response to the Coronavirus (COVID-19), it will temporarily close all Sears stores effective April 4 at end of day through at least April 30, 2020.
  • Except where required to close by law or government order, Kmart stores and Kmart Pharmacy locations will remain open to provide essential products and services.
  • "Our top priority is the health and safety of our associates, members and the communities we serve," the company said.
  • Therefore, to ensure the future viability of the company, we have made the decision to temporarily close all Sears stores.