Sears | Verdict Company Briefing

  • OVERVIEW
    • Introduction
    • Summary
  • SEARS
    • Sears lacked a clear strategy to halt sales’ declines, but has launched a turnaround plan
    • Recent key events
      • CEO of Sears Canada launches turnaround strategy
      • Store closures form part of transformation strategy for domestic operations
      • New merchandising officer appointed to help turnaround the company
      • Craftsman products to launch in Costco warehouses
      • The department store is expanding its cosmetics proposition
      • Sears appoints a new CEO, three years after the resignation of Aylwin Lewis, the previous incumbent
      • Sears has invested in enhancing its fashion ranges to target niche markets
      • Celebrity collaborations have been a focus for Sears
      • Sears has leased space to complementary retailers
    • Financials
      • Sears' profit levels have been eroded in the past six years
      • Sears achieves profit in Q1 FY2013
    • Space
      • Sears has invested in growing its specialty store numbers in the past six years
    • Outlook
      • New strategy provides clear focus and direction, but Sears has considerable work to do
  • APPENDIX
    • Exchange rates
    • Further reading
    • Ask the analyst
    • Verdict consulting
    • Disclaimer
  • TABLES
    • Table: Sears company overview, 2011
    • Table: Sears trading operating statistics 2007–12
    • Table: Sears store portfolio 2007–12
    • Table: Sears floorspace 2007–12
  • FIGURES
    • Figure: A Sears store in the US, 2011
    • Figure: UK Style by French Connection webpage on Sears' website 2011
    • Figure: Kardashian Kollection at Sears 2011
    • Figure: Sears turnover ($m) and operating margin (%) 2007–12

Brief

Published by
Verdict
Published on
21 Jun 2012
Product code
CM00206-006
Pages
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