Electrolux Named a Top Supplier for Sears Holdings Aug 2, 2012

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Appliance maker Electrolux North America received Sears Holdings' highest supplier award, the CEO Award for Financial and Operational Discipline, recognizing fiscal responsibility and operational excellence. Electrolux was the only appliance maker to take home one of the Sears awards this year.

Electrolux also won the Partners in Transformation Innovation award in the major appliance category. The award was announced at the retailer's annual supplier summit.

Retailer Sears Holdings annually recognizes suppliers who have been instrumental in helping support the company's transformation. Called Partners in Transformation, Electrolux won the CEO award for financial and operational discipline, showing the highest degree of supplier accuracy and rigor for product delivery and operational processes.

"The Partners in Transformation and CEO awards recognizes our top-performing suppliers as true partners in transformation. By providing the quality services, products and experiences that exceed our customer's expectations and build lifetime relationships we can reach our company's goal of becoming the leader in integrated retail - in-store, online and in the home," said Lou D'Ambrosio, president and chief executive officer of Sears Holdings. "Through our continued collaboration, we will be able to more effectively leverage the breadth of our portfolio and the power of our brands."

"We are honored to receive these awards from Sears," said Jack Truong, Electrolux North America president and CEO. "They are a tribute not only to our company, but also underscore the commitment we have to our customers and to providing innovative products to the market place."

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