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Public Notices

April 23, 2014

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Local Kmart Remains Off List Of Closings

Originally published: 2012-01-12 11:36:33
Last modified: 2012-01-12 11:38:04
 


Sears Holdings Corp., the parent company of Sears and Kmart, has made no further comments about store closings since Dec. 27 when it was announced that at least 100 stores would be closed to raise cash.

As of Wednesday, the Kmart in the Greeneville Commons was not on the list of stores scheduled to be closed.

Sears Holdings has designated 80 stores for closing nationwide, according a company website, http://www.searsmedia.com.

Meanwhile, Sears Holdings' CEO says he's looking to former Brookstone head Ron Boire as its new chief merchandising officer to help meld the store experience with online and mobile shopping.

The struggling company said that Boire will lead merchandising and retail stores for both the Sears and Kmart brands.

Boire, whose resume also includes stints at Best Buy and Toys R Us, had served as president and CEO of Brookstone, a specialty retailer that offers entertainment, travel, wellness and consumer electronics products, since October 2009.

He was responsible for turning around Brookstone by relaunching its online business and coming out with new products like pillows that have pressure-relieving support and accessories such as wireless keyboards for Apple Inc.'s iPad.

Lou D'Ambrosio, Sears' CEO, said that the retailer is "in the midst of a transformation of our business, from top to bottom" and that Boire will be a strong addition because of his retail, merchandising and product development experience as well as his past work in helping companies through turnarounds.

 
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