Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Sears to Operate in Five Units
Jan 22, 2008
 Printable format
 Email this Article
 Search

Sears Holdings Corp., which owns Sears and Kmart stores, will reorganize into five business units in an effort to boost performance. Its new structure will include five units: operating businesses, support businesses, brands, online and real estate. Each will have a leader, an advisory group of senior executives, and a separate, internal profit-and-loss statement. Operating business units will include lines of business such as home appliances, electronics, and apparel. Support units will provide operation and administrative support, including marketing, store operations, customer strategy, and finance. Brand units will focus on the company's brand portfolio, and the company's real estate and online units will focus on sales productivity of bricks-and-mortar and online property.

"By creating smaller focused teams that are clearly responsible for their units, we increase autonomy and accountability, create greater ownership and enable faster, better decisions," Sears Holdings Chairman Edward S. Lampert said.

 

Back to Daily News

 

Daily News

...........................................................

Nov 21, 2014: Electrolux: new U.S. fridge efficiency requirements are more complex than anticipated

Nov 21, 2014: Whirlpool brand launches Perceptions of Care video

Nov 21, 2014: Hon Hai 3Q profit $1 billion

Nov 21, 2014: Environmental Product Declarations for aluminum product types released

Nov 20, 2014: Report: Drop in affluents' consumer confidence may foretell signal trouble ahead for some retailers

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows