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Intro To Business

Intro To Business. Sears Roebuck & Co. Group 4 Tonya Blevins Francine Perkins Jessica Staver. Corporate Location: 3333 Beverly Road Hoffman Estates, IL 60179-0001 Operations: Full Line Store Specialty Stores Land’s Ends Commercial Services Home Services. Operations & Location.

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Intro To Business

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  1. Intro To Business Sears Roebuck & Co. Group 4 Tonya Blevins Francine Perkins Jessica Staver

  2. Corporate Location: • 3333 Beverly Road • Hoffman Estates, IL 60179-0001 • Operations: • Full Line Store • Specialty Stores • Land’s Ends • Commercial Services • Home Services Operations & Location

  3. Subsidiary Closures: Kmart Stores will close. Brand expansions Lowe’s Home Depot Future Outlook & Expectations

  4. Stock Price Information

  5. International Commerce Sears does sell products internationally in several countries. Guam Puerto Rico US Virgin Island Honduras North & South Mexico Guatemala

  6. Company Sales

  7. Products can be purchased online: • www.sears.com • Sears does not manufacture products. • Manufacturers include: • Kenmore • GE • Whirlpool • Bosch Product Manufactures

  8. 14 Sears Grand stores converting to Kmart • Closing 7 repair centers • Laying off 250 support positions • 29 store closures Store Closures

  9. Shop Your Way Rewards • Mobile Applications • Social Marketing • Facebook • Twitter Marketing Plans

  10. 1% commission on base items • Electronics Dept. • Jewelry Dept. • Employees discount of 20% • Clothes • Shoes & Jewelry • Additional 10% off all other items Employee Relations & Benefits

  11. June 2011: • Laid off 700 employees • Reduced Expenses Downsizing the Company

  12. Combined Corporate & Merchandise Groups • Eliminated some management • These actions were done to: • Improve productivity • Generate more revenue Changes in Operations

  13. Sears Blue Blogger Crew • Sears Cyber Deals/Black Friday • Identify action items Significant Announcements

  14. Requested tax break incentive • Look at other subsidiary store sales • Lower debts Suggestions / Government Aid

  15. Questions ?

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