Eric Hauser

Samsung “Smart” Camera Is Ridiculously Hackable

A security camera in your house, that you can access remotely, might seem like a good idea at first. You can log into it from anywhere, to see what’s going on and if it really was the cat who opened your kitchen cabinets every day last week. But the problem with a thing you can access remotely is that a sufficiently determined bad actor can, too. And sometimes it doesn’t even take much determination to do. [More]

JeepersMedia

7 Things We Learned About Sears Holdings’ Apparent Death Spiral

According to Eddie Lampert, CEO and Chairman of Sears Holdings, the company is in the middle of a “transformation” into a profitable enterprise that integrates online and offline retail. Yet everyone from former high-ranking executives to anyone who has ever set foot in a Kmart says the retailer is in an inescapable death spiral. [More]

Phillip Pessar

The Limited Confirms It Will Shut Down All Remaining Brick-And-Mortar Stores Jan. 8

Following the news of major store closing by fellow retailers Sears, Kmart, and Macy’s, the retail carnage continues with The Limited. After weeks of having liquidation and store-closing sales without admitting its demise, the retailer has finally confirmed it will shutter all of its remaining physical stores on Sunday, Jan. 8, and exist henceforth as an online-only merchant. [More]

Van Swearingen

Craftsman Tool Lovers Worried For Brand After $900M Sale To Black & Decker

In a bid to keep its sinking retail ship afloat, Sears on Thursday announced the sale of its iconic tool brand Craftsman to Black & Decker for a mere $900 million. But with the change of hands, many stalwart Craftsman lovers aren’t sure if they’ll be sticking with the brand in the future. [More]

Here Are All Of The Kmart, Sears, And Macy’s Stores Closing This Spring

Nick Papakyriazis

It’s shaping up to be quite a depressing spring for a few retailers, after Sears Holdings announced it would be shutting down 150 Kmart and Sears stores in the next few months, and Macy’s notifying customers that 68 stores would close. Here is the list of all the stores that will be turning off the lights for good, where they are, and when they’re closing. [More]

Ted Murphy

Sears To Sell Craftsman Brand To Black & Decker For $900M

Sears isn’t just trying to stave off the grim reaper by closing stores and borrowing hundreds of millions of dollars from CEO Eddie Lampert twice in two weeks. The beleaguered retailer is selling off its iconic Craftsman brand to Stanley Black & Decker for $900 million. [More]

Nicholas Eckhart

Sears And Kmart Announce 150 Store Closures, Including The First Kmart

Last week, we shared a list of Kmart and Sears stores that we were able to confirm would be closing this spring. The list just grew, reaching a total of 108 Kmart locations and 42 Sears locations that will begin their store-closing sales this week. [More]

Will

Sears Borrows Another $500 Million From Its CEO Until It Can Sell More Stores

Sears Holdings, the parent company of Sears and Kmart, has lost billions of dollars in the last few years. The last time that it did turn a profit, it was because the company had just sold a few billion dollars’ worth of store buildings to its affiliated real estate investment trust. Now the company is borrowing some cash from its CEO in anticipation of raising more money the same way. [More]

Richie Diesterheft

Giant Former Sears Store In Chicago To Become Apartments And Maybe A Liquor Store

Last year, the oldest operating Sears store, a now-windowless tan brick behemoth in Chicago’s Ravenswood neighborhood closed. The local commercial real estate market had the same problem as Sears itself: what could be done with an enormous retail building that the marketplace no longer needs? A developer came forward with a plan to redevelop the currently dormant space into apartments and maybe a liquor store. [More]

Our Picks From 2016: Editors’ Favorite Stories Of The Year

Brad.K

We write thousands of posts every year at Consumerist, and before we hit “publish,” we tell each of them that they’re our favorite. That’s a lie, though: when we look back, there are always posts that stand out. Whether it’s because of their real-world impact, important insights, important topics, or use of the phrase “Underwear Time,” we each have our favorites out of our work for the year. Each of our writers chose theirs along with some honorable mentions, and explained what made them love that post just a little more than the others. [More]

2016, By The Numbers

Philografy

Well, 2016 sure has been a year. From exploding phones to “glitches” that grounded thousands of flights to the ever-increasing, ever-depressing mountain of student loan debt. Let’s not forget bankrupt and shuttered retailers and restaurants, growing resistance to antibiotics, and the continuing opioid epidemic. Before we flip the calendar to 2017, let’s have our annual look at some of the numbers behind the year we’re finally leaving behind. [More]

Nicholas Eckhart

Sears Holdings Announces Another Round Of Kmart And Sears Closings

There are two related pieces of news out of Sears Holdings this week. First, the company is closing another round of Kmart and Sears stores across the country. Second, it’s set to borrow at least another $200 million from its manifesto-writing CEO. [More]

Mike Mozart

JCPenney Now Wants To Sell You An HVAC System Too

Mall stalwart JCPenney isn’t just for socks and chinos anymore; the retailer has been edging into the appliance territory once dominated by competitor Sears for a while. But apparently edging in on Sears’ turf isn’t enough, and JCP is considering honing in on something a little more Home Depot, too. [More]

WSB-TV

Thieves Cut Hole In Target Roof, Go On Electronics Theft Spree

Thieves dead-set on getting their hands on goods that aren’t theirs — which is what makes them thieves in the first place — have been known to employ some extreme methods to pull off heists, like the two alleged ne’er-do-wells in the Atlanta area who recently created an unauthorized skylight in a local Target store. [More]

Nicholas Eckhart

New Lands’ End CEO Will Pack Suitcases, Move To Wisconsin

After less than two years with mismatched CEO Federica Marchionne in charge, Lands’ End gave the former high fashion executive the (sensible, waterproof) boot back in September. [More]

(Mike Mozart)

Lawsuit: Sears, JCPenney, Kohl’s & Macy’s Misled Consumers On Sale Prices

In recent years, a spate of retailers have been accused by customers of advertising “false” original prices on discounted or outlet merchandise in order to make consumers believe they are getting a steal of a deal. Now, the city of Los Angeles is joining the fray, suing JCPenney, Kohl’s, Sears, and Macy’s, alleging that in order to increase sales the companies used so-called “false reference pricing.”  [More]

Scott Miller

Sears And Kmart Pretend To Run A Retail Business For Another Quarter

Sears Holdings, the company that owns Sears and Kmart, is focused on “restoring profitability,” but so far the only method that the massive department store chain has found to do that since 2012 is by selling its stores to an affiliated real estate investment trust. Sears has a lot more real estate to sell, and could keep this charade up for a while yet. Will it? [More]

St. Mary’s Sheriff

Bargain-Hunting Beavers: 17 Times Animals Went Shopping In Human Stores

Does it make you giggle to think about a beaver going Christmas shopping at a dollar store? If so, you’ll be even more tickled to know this isn’t the first time we’ve heard about an animal waltzing into a human business like it belonged there. Heck, this isn’t even the first time we’ve heard about a beaver doing that. [More]