Sears Didn't Move Fast Enough, Ceo Says

Sears continues to struggle to get a "decent" return on its assets and the retailer didn't move fast enough to cut expenses after the financial crisis, the CEO said at the annual meeting.

Sections:  news   business   
Topics:  ceo   retail   retailer   sears   sears ceo   
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
  • J.C. Penney ad apologizes to customers
    The ad comes after the Plano, Texas-based company last month fired its CEO, Ron Johnson, after 17 months on the job and rehired his predecessor Mike Ullman. Johnson's ambitious changes included getting rid of most sales and bringing in new, hip brands. More
  • Discover Pushes PayPal Payments; First Data Holds Out
    Discover makes headway in bringing eBay's online-payments service to physical retailers, but First Data, one of the country's largest merchant processors, has opted not to support the service. More
  • Big brands rejected Bangladesh factory safety plan
    As Bangladesh reels from the deaths of hundreds of garment workers in a building collapse, the refusal of global retailers to pay for strict nationwide factory inspections is bringing renewed scrutiny to an industry that has profited from a country notorious for its hazardous workplaces and subsistence-level wages. More
  • The Capital Letter: Week of October 19
    As someone with ugly memories from the autumn of 1987, I always find it difficult to type the date “October 19” without a shudder. Then again, if the person I was on that day suddenly found himself ...
    10/23/2020 - 1:23 pm | View Link
  • Texas may not limit ballot drop boxes for U.S. election: appeals court
    A Texas appeals court on Friday ruled the Republican governor cannot limit drop-off sites for mail ballots to one per county, a setback for U.S. President Donald Trump. Upholding a lower court ...
    10/23/2020 - 11:00 am | View Link
  • David Leonhardt Returns for a Debate Debate
    David Leonhardt returns to the podcast to celebrate its 100 episodes and two years on the air. Together, the O.G. “Argument” hosts dissect the final presidential debate, argue over the validity of the ...
    10/23/2020 - 10:13 am | View Link
  • Debate transcript: Trump, Biden final presidential debate moderated by Kristen Welker
    Here is the full transcript of the final presidential debate between President Donald Trump and former Vice President Joe Biden, moderated by Kristen Welker in Nashville on Oct. 22, 2020.
    10/23/2020 - 9:24 am | View Link
  • Administration officials alarmed by White House push to fast track lucrative 5G spectrum contract, sources say
    Senior officials throughout various departments and agencies of the Trump administration tell CNN they are alarmed at White House pressure to grant what would essentially be a no-bid contract to ...
    10/20/2020 - 10:50 am | View Link
  • More
  • Common washer problems
    Use your account and we will show you the models you purchased at Sears. ... worn agitator dogs can prevent the agitator from moving. Troubleshooting the washing machine agitator may fix the problem. ... A common symptom of a worn-out clutch is wet clothes at the end of the spin cycle because the washer isn't spinning fast enough or ...
    10/22/2020 - 5:01 am | View Website
  • Riding lawn mower engine spins but ...
    Find out what to do when your riding lawn mower spins but won't start. Once it's spinning, the engine needs 3 things to run: fuel, spark and compression. This video helps you find out which one of those elements is missing in your engine by showing you a quick starter fluid test that can rule out several issues. We'll also show you how to check for and resolve fuel supply problems.
    10/22/2020 - 2:38 am | View Website
  • Riding Mowers & Tractors: Won't move
    Learn why your riding mower or lawn tractor won't move at Sears PartsDirect. Find out which repairs might help solve the problem, what replacement part you need and more. +1-888-873-3829. Chat (offline) Sears Parts Direct. Please enter one or more characters. Search Input. All. All Models Parts. Submit Search ...
    10/21/2020 - 3:40 pm | View Website
    InnerScope Hearing Technologies Prezia Hearing Aid System SET (Left + Right) - Receiver in the Canal Hearing Aid Device - Environmental Noise Reduction
    10/21/2020 - 1:21 am | View Website
  • Delivery & Haul-Away
    The night before your delivery, Sears will call you with a 2-hour delivery time window. check now. Reschedule Delivery. If your delivery date is no longer convenient, go to the Order Center in your profile to update. reschedule now. Change Your Address. To update, head to the Order Center and make changes for an accurate delivery. change now
    10/20/2020 - 11:02 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News