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]

J.G. Park

USDA Can No Longer Hide How Much Money Stores Make From Food Stamps

All across America, families use benefits from the Supplemental Nutrition Assistance Program (SNAP — formerly, and colloquially, known as the Food Stamp program) to buy food, but participation in SNAP varies from store to store, and the federal regulator that oversees the program has denied requests to turn over data on retailer-specific use of SNAP benefits. However, yesterday a federal court ruled that the government can no longer shield this information from public view. [More]

CPSC

Gree Re-Announces 2013 Dehumidifier Recall Linked To $19M In Property Damage

Federal safety regulators are hoping the fourth time is the charm for millions of recalled dehumidifiers that have now been linked to 450 fires and more than $19 million in property damage: Gree Electric Appliances — the manufacturer fined a record $15.45 million over the fiery dehumidifiers earlier this year — has re-announced the recall.  [More]

Which Stores Are Open On Thanksgiving & When Do They Open On Black Friday?

Jason Pope

Thanksgiving is usually the big day on the calendar in November, but this year the holiday took a backseat to Election Day — so much so that many people say they delayed the start of their holiday shopping until after the votes had been counted. Now here we are, with only a few days to go before Thanksgiving (and, more importantly to some folks, Black Friday); you’ll need to know which stores are opening when in order to maximize your shopping efficiency. [More]

Meet Minneapolis

Only Three Stores Opening On Thanksgiving At Mall of America

The Mall of America, tourist destination and temple of commerce, announced last month that it would not be officially opening on Thanksgiving Day, though it gave individual stores the option to open if they wanted. The only retailers to take the mall up on that offer were Sears, Macy’s, and The Crayola Experience, and Crayola is the only store staying open that lacks its own entrance. [More]

Nicholas Eckhart

JCPenney Handing Out $500 Coupons To Lure Shoppers On Thanksgiving

Even though JCPenney is starting its Black Friday sales online next Wednesday, the retailer is still hoping it can convince some folks that they’d rather be shopping in physical stores on Thanksgiving than spending time with loved ones/taking turkey-induced naps by offering up coupons worth $500 off to the first people to come through the doors. [More]

JeepersMedia

Report: Suppliers Starting To Cut Sales To Sears And Kmart

Retailers’s shelves and warehouses are stocked up for the holiday season, but suppliers are reportedly holding back from the stores belonging to one company. Sears Holdings, the parent company of Sears and Kmart, reportedly is having shipments to its stores cut by suppliers, who don’t want to be stuck with the bill if the company files abruptly for bankruptcy protection.

[More]

JeepersMedia

Sears Will Open On Thanksgiving Then Close For Five Hours

For every retailer like REI, hhgregg, and TJMaxx that proudly announces they are bucking the trend of opening their doors on Thanksgiving Day, there’s a counterpart sticking to its guns and opening to holiday shoppers on an actual holiday. To that end: Sears will open at 6 p.m. on Thanksgiving. [More]

Sears Will Shrink 12 Stores To Make Space For More Tenants

Pete Kraynak

One way that Sears Holdings has been raising cash recently has been to take advantage of its vast portfolio of retail real estate, selling store buildings to an affiliated real estate investment trust and using the proceeds to keep the rest of the company going. That’s how the chain even posted a profit last year for the first time since 2012. Now its new landlord, the trust, is asking Sears to shrink down its living space and take on some roommates. [More]

JeepersMedia

Sears Tries Giving Away Rewards Points With Branded Credit Card

Sears Holdings, parent company of Kmart and Sears, is depending on the company’s Shop Your Way rewards program to save the company. It is a very nice rewards program, but is it enough to get customers to spend? Don’t most store cards come with special rewards or discounts? [More]

Michael Holden

Nordstrom Rack, hhgregg, TJMaxx Also Want You To Know They’re Closed On Thanksgiving Day

For the last half-decade or so, the beginning of Black Friday has gradually crept back, with mainstream American retailers giving the shopping holiday precedence over the actual holiday, opening on Thanksgiving Day. Then the trend reversed, as retailers came to realize that they could harvest good publicity by staying closed on the holiday and making sure that the public knows it. We’re guessing that they didn’t earn enough money to make opening on the holiday worth their while. [More]

Hilmor

Stanley Black & Decker Buys Tool Brands From Newell, No Word On Craftsman Bids Yet

Stanley Black and Decker is rumored to be one of the bidders on the venerable Craftsman brand of tools from Sears, but the company may have gone out shopping and bought itself a different tool company instead. Newell owns brands that range from Coleman camping equipment to Uni-ball pens to Yankee Candle and Calphalon, and now it owns fewer power tools and saws than it used to. [More]

Ted Murphy

Other Tool Companies Interested In Buying Craftsman

The legend says that 89 years ago, the head of hardware at Sears Roebuck really liked the name Craftsman, and bought the trademark from an existing tool company for $500 ($6,921 in 2016 dollars). Today, parent company Sears Holdings is troubled and in need of a cash infusion, and has quietly solicited bids for Craftsman. It’s reportedly worth around $2 billion. [More]

Nicholas Eckhart

Sears Holdings CEO Blogs: Kmart Is Doing Just Fine, Thanks

Sears Holdings chairman, CEO, and chief manifesto-writer Eddie Lampert wants shoppers like you and writers like us to know something very important: Kmart is doing just fine. It has some stores that are profitable, and the retailer is continuing its turnaround plan and the “transformation” of its business into something with fewer stores and more online sales. [More]

Nicholas Eckhart

NC Mall Wants To Evict Sears For Low Sales, Lack Of Effort

Sears had a deal with the Holly Hill Mall in Burlington, NC that isn’t unusual: the retailer gave the mall a small percentage of its sales instead of paying a fixed rent. That amount has evidently fallen over the years as the popularity and business prospects of Sears fell, and now the mall has sued Sears for failing to keep up its end of the lease. [More]

Nicholas Eckhart

Report: Sears Holdings, Claire’s, Rue 21 At Risk Of Bankruptcy And Liquidation

Think of your favorite troubled or defunct retailer: does it or did it have a reason to exist? That’s the deceptively simple question raised in a new report from financial ratings firm Fitch Ratings, which predicts that the combination of e-commerce, disinterest in malls, and a lack of strong brand identity for some troubled retailers could spell doom in the next year or so. [More]

Nicholas Eckhart

Lands’ End CEO Steps Down, Won’t Have To Go To Lands’ End Anymore

When what your customers want are corduroys, sweaters, and the occasional work-appropriate dress, maybe trying to expand and attract more fashion-conscious customers was never going to work. Less than two years ago, Lands’ End, the retailer of preppy clothing and canvas tote bags that is not L.L. Bean, hired Federica Marchionni, the president of Dolce & Gabbana USA, to be its CEO with the goal of creating a “global lifestyle brand.” [More]

At Least 24 More Kmart Stores To Close By End Of 2016

Nicholas Eckhart

At the end of last week, employees at Kmart stores across the country received bad but not entirely unexpected news: their stores are closing by the end of 2016, and they will lose their jobs. We can confirm that dozens of locations in 11 states plan to close on or before Dec. 11, and will most likely add more locations to this list later today or later this week. [More]