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  • Recalls this week: Rotary tools, mowers, bicycles Friday, 28 Aug 2015 | 2:05 PM ET

    A line of rotary tools that can overheat and melt are among this week's recalled consumer products. Other products being recalled include mowers with leaky gas tanks and defective bicycles. They were sold at Ace Hardware, Home Depot, Lowe's, Menards and other home improvement, hardware and major retailers nationwide and online including www.acehardware.com,...

  • The new executive, Lynn Pendergrass, previously held senior positions at Johnson& Johnson, Hewlett-Packard Co and General Electric Co, Sears said in a statement on Monday. Given her background promoting big global brands, the Pendergrass appointment could signal that Sears wants to look at expanding sales of Kenmore, Diehard and Craftsman products outside...

  • Valeant and NetApp are big market movers Thursday, 20 Aug 2015 | 5:55 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Valeant Pharmaceuticals International Inc., down $15.85 to $229.06. Stage Stores Inc., down $4.95 to $11.95.

  • The return to profit, as well as the drop in sales, were flagged earlier this month in an earnings preview by the company, which runs the Sears department store and Kmart discount store chains. The REIT has leased the stores back to Sears for operation. Sears expects a $1.4 billion gain from that transaction.

  • 2Q rout for department stores goes on ... and on Thursday, 20 Aug 2015 | 11:50 AM ET

    A week after Macy's, Kohl's and Dillard's posted exceedingly weak second-quarter numbers, chains like Stage Stores Inc. and The Bon-Ton Stores Inc. followed up with some of their own. Sears Holdings Corp. also reported Thursday and put up its first quarterly profit in three years, but only after it spun off real-estate assets. The National Association of...

  • The return to profit, as well as the drop in sales, were flagged earlier this month in an earnings preview by the company, which runs the Sears department store and Kmart discount store chains. The REIT has leased the stores back to Sears for operation. Sears expects a $1.4 billion gain from that transaction.

  • Sears posts first profit since 2012 on property sale Thursday, 20 Aug 2015 | 7:12 AM ET
    A shopper leaves the Sears store in the Loop in Chicago, Illinois.

    Sears reported a profit thanks to a one-off gain from the sale of stores, but the struggling retailer's sales continued to decline.

  • Sears recognized a $508 million gain on the property deal during the quarter. That boosted net profit attributable to Sears shareholders to $208 million, or $1.84 per share, in the quarter ended Aug. 1, compared with a loss of $573 million, or $5.39 per share, a year earlier. Sears said comparable sales at stores open more than a year fell 10.8 percent in the quarter.

  • Sears posts quarterly profit on property sale Thursday, 20 Aug 2015 | 6:11 AM ET

    Aug 20- Struggling retailer Sears Holdings Corp reported a quarterly profit, helped by a one-off gain from the sale of stores, but sales continued to decline. The company sold 235 stores and its 50 percent interest in joint ventures with three mall operators to real estate investment trust Seritage Growth Properties for $2.7 billion during the quarter.

  • Sears sales soften in 2nd quarter Thursday, 20 Aug 2015 | 6:09 AM ET

    HOFFMAN ESTATES, Ill.— Sears' sales declined in the second quarter as it shifted away from low-margin goods like electronics and it focused on increasing the number of loyal customers through reward programs. Chairman and CEO Edward Lampert, a billionaire hedge fund investor, combined Sears and Kmart in 2005, about two years after he helped bring the latter out...

  • Best (and worst) companies for customer service Wednesday, 12 Aug 2015 | 12:49 PM ET
    Customer service

    Consumer Reports has found the Top Best Most wonderful companies for customer support and the least likable. CNBC's Jane Wells digs through the list.

  • Sears' shares plunge after dismal same-store sales Monday, 3 Aug 2015 | 1:05 PM ET

    Sears' shares were down 8 percent at $19.82 in afternoon trading. The company said sales at U.S. stores open at least a year declined 10.6 percent in the quarter-to-date period ended July 25, mainly due to a 13.9 percent decline at Sears stores and a 6.9 percent fall at Kmart stores. Sears, controlled by Eddie Lampert, will report on Aug. 20 results for the second...

  • Why Sears' first profit in 3 years doesn't matter Monday, 3 Aug 2015 | 1:02 PM ET
    A shopper at Sears

    The department store's shares fell nearly 8 percent after it issued a second-quarter performance update.

  • Sears sales plunge in 2Q as it spins off real estate Monday, 3 Aug 2015 | 11:26 AM ET
    A sign marks the entrance to the headquarters campus of Sears Holding in Hoffman Estates, Illinois.

    Sears Holdings says a key sales figure fell sharply in the second quarter, dragged down by weakness at its namesake stores.

  • New York reaches deal with sellers of toy guns Monday, 3 Aug 2015 | 9:33 AM ET
    Toy guns are displayed after being confiscated at airport security checkpoints at the JFK International Airport in New York City.

    A handful of big retailers agreed to keep realistic-looking toy guns off their shelves as part of a deal with the New York attorney general's office.

  • Early movers: GS, PRE, SHLD, HZNP, TSN, T & more Monday, 3 Aug 2015 | 7:47 AM ET
    A trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • They're selling what?! Retailers' biggest blunders Wednesday, 22 Jul 2015 | 11:16 AM ET
    PacSun upside down U.S. flag T-shirt upsets Memorial Day shoppers.

    Click through to see some of retail's biggest gaffes over the years.

  • July 14- Sears Holdings Corp has hired a former Levi Strauss& Co executive to head its Sears business as it looks to return to profit through its customer loyalty program. Joelle Maher, who was named president and chief member officer of the Sears business, will be responsible for aligning the operations of the unit with Sears Holdings' " Shop Your Way" business...

  • July 14- Sears Holdings Corp has hired a former Levi Strauss& Co executive to head its Sears business as it looks to revive sales through its customer loyalty program. Joelle Maher, who will be named president and chief member officer of the Sears business, will be responsible for aligning the operations of the Sears department store chain with Sears Holdings' "...

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed mildly lower, recovering from sharp opening losses on selloff overseas, as traders shook off concerns of contagion from Greece.