EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...
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www.searsholdings.com<br />
Total Fiscal 2011 Sales: $43.3 Billion -1.6%; Sears Domestic Sales: $22.9 Billion -3.4%; Kmart<br />
Sales: $15.6 Billion -0.6%; Sears Canada Sales: $4.8 Billion +4.3%<br />
Percentage of Sales in Exclusive Brands: 42% (E)<br />
Principal Business: Sears Holdings is the parent of Kmart Holdings Co. and Sears, Roebuck and<br />
Company--the result of a merger on March 24, 2005. The company oversees a total of 4,038<br />
stores, dividing its business into three segments. (1) Kmart with 1,307 discount general<br />
merchandise stores in 49 states, Guam, Puerto Rico, and the U.S. Virgin Islands. Some 981 Kmart<br />
stores have pharmacies, while 20 have Sears Auto Centers. (2) Sears Domestic with 894 Sears<br />
broad-line stores, including 842 Sears full-line stores (average 133,000 square feet) in 50 states<br />
and Puerto Rico, primarily located in shopping malls; 52 Sears Essentials/Grand free-standing<br />
stores (average 117,000 square feet and some 22 with pharmacies) in 24 states; 938 Sears<br />
Hometown stores (7,700 square feet average & independently owned); 59 Sears Home Appliance<br />
showrooms (average 5,100 square feet), 106 Sears Hardware stores & 89 Orchard Supply<br />
Hardware stores (average 42,000 square feet); 134 Kenmore home appliance stores, 12 The Great<br />
Indoors Stores (home decorating/remodeling superstores averaging 143,000 square feet), and 102<br />
outlet (overstock/distressed merchandise) stores. (3) Sears Auto Centers, totaling 768 are mostly<br />
associated with its full-line stores, while 19 are in its Sears Essential/Grand stores and 30 are feestanding.<br />
Additionally, Sears operates Lands’ End, a direct sales merchant (website, catalog<br />
mailings, international business), which sells clothing accessories, footwear, home products, and<br />
soft luggage. There are some 292 store-within-a-store Lands’ End departments plus 14 retail stores<br />
(average 8,600 square feet). Sears also conducts commercial sales of appliances and provides<br />
home services (repairs of appliances, etc.). Sears is traded on NASDAQ under the SHLD symbol.<br />
(3) Sears Canada (a 92% owned subsidiary--increased from 73% last year), there are now 122<br />
Sears full-line stores, 361 Sears specialty outlets (including furniture and appliance stores), 20<br />
floor covering stores, 1,822 catalog pickup locations, and 108 travel offices.<br />
EB Identities: At Sears--Kenmore, Craftsman (tools), Lands’ End (apparel), Kenmore<br />
(appliances), DieHard (car batteries), The Great Indoors, NTB, OSH Orchard Supply Hardware,<br />
Canyon River Blues, Apostrophe, TKS Basics, Covington, A&E Factory Service, Athletech, and<br />
Sears. At Kmart--Martha Steward Everyday Rooms (home furnishings, dish ware, etc.), Jaclyn<br />
Smith (licensed women’s clothing and accessories), Disney (licensed apparel), Joe Boxer (men’s<br />
fun apparel and home decor), Route 66 (high-style clothing), Essential Home (home<br />
furnishings/fireplace fixtures/bathroom sets, etc.), Image Essentials (bath & body products, cotton<br />
balls), Concourse (luggage), Attention, Small Wonder, Basic Editions (apparel), Knightsbridge<br />
(pajamas), Northwest Territory (sporting goods-air beds, portable fireplace, lanterns, etc.),<br />
BenchTop, Fresh & Easy (paints, spry enamel), Small Wonders (baby sheets, blankets, layette),<br />
Wonder Kids (apparel), VitaSmart (vitamins, supplements, nutritional drinks), Smart Cents<br />
(economy paper towels, nuts, cookies), Champion Breed (dog food), and Smart Sense, which<br />
replaces American Fare Choice (its flagship grocery food/nonfood items, health & beauty care).<br />
EB skus: N/A<br />
Profile: Since the 2005 merger of Sears and Kmart, bringing together two ranked as among the<br />
oldest existing retailers in the US, it’s been downhill ever since: Revenues of $ 53 billion in 2006