Sears Holdings Corp. Chairman Edward Lampert regularly takes heat from investors for failing to articulate a strategy. And once again at the company's annual meeting -- the only time he speaks publicly to investors -- he provided little insight into Sears' direction.
But he had plenty of ideas on how to keep Sears going through the toughest retail downturn in decades.
The billionaire investor and majority Sears stakeholder is concentrating these days on how to make about 200 million square feet of retail real estate space "more productive," he told shareholders Monday. He has been adding jobs in Sears' real estate department, while cutting hundreds of jobs elsewhere, in hopes of finding tenants to lease space inside the retailer's stores. He also has reorganized the company so each store is held accountable for the categories it sells and the profits it makes. And he is testing an initiative in which massive stores are transformed into drive-up warehouses.
While the steps don't add up to a strategy, it may not matter in these economic times, said retail consultant Neil Stern.
Friday, October 16, 2009
"$115000 / 2br - 2 full baths FURNISHED like a model
CLEARWATER
Waterfront community ' Gated ', FURNISHED like a model include 3 plasmas TV 50";42". Living/ Dining Room, good size full Kitchen w/Granite counter top, complete Laundry Room. On the third floor. Luxury Club house in convenient location nearby Airport,Shoppings,Hospital,Stadium,golf courts easy access to US 19. Excellent opportunity, Great Vacation, Investment or Second home.Sale of the property at FULL listing price may conditioned upon approval of third parties.Cash offer highly encouraged with bank proof of funds letter.
Listing by C1first Realty
www.C1first.com"
CLEARWATER
Waterfront community ' Gated ', FURNISHED like a model include 3 plasmas TV 50";42". Living/ Dining Room, good size full Kitchen w/Granite counter top, complete Laundry Room. On the third floor. Luxury Club house in convenient location nearby Airport,Shoppings,Hospital,Stadium,golf courts easy access to US 19. Excellent opportunity, Great Vacation, Investment or Second home.Sale of the property at FULL listing price may conditioned upon approval of third parties.Cash offer highly encouraged with bank proof of funds letter.
Listing by C1first Realty
www.C1first.com"
Friday, August 14, 2009
Tuesday, May 12, 2009
Economy and Politics »
Hardening antitrust rules
U.S. firms that dominate their industries will face tougher scrutiny as the Obama administration seeks stronger consumer protection.
U.S. firms that dominate their industries will face tougher scrutiny as the Obama administration seeks stronger consumer protection.
Wednesday, May 6, 2009
Clearwater 2/2 Furnished
Available MLS # M1309163 Listing ID # 12898972 Price: $125,000 Bedrooms: 2 BR Baths: 2 full BA 1,142 Sq. Ft. Year Built: 2001 Property Type: Single Family Home Architecture: Condominium Location: Clearwater, FL County: Pinellas | |
CLEARWATER FURNISHED 2/2 GATED COMMUNITY Living/Dining Room, Kitchen, Laundry Room, 2 Bedrooms, 2 Full Bathrooms. Luxury Gated Community Waterfront Building, Furnished included 3 plasmas TV 42 and 50. Club House with Fitness Center, Conference/Business room, Office and reception,marble floor. Tennis court, pool, parks and much more, convenient location near Tampa airport 5 miles away, Stadium, Hospitals, shopping center. Easy access to main Hways and bridges.Full listing price may NOT be sufficient to cover all encumbrances, closing costs and other seller charges and sale of property at FULL listing price may be conditioned upon approval of third parties. Direcc.Bayside Bridge West onto Golf to Bay blvd. South onto US 19 North turn right on Belleair rd to th e main GATE. |
Real Estate
Sears focused on its real estate
Chairman Edward Lampert attempting to make retail space 'more productive'
- By Sandra M. Jones | Tribune reporter
- May 5, 2009
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