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Hoffman Estates

A collection of news and information related to Hoffman Estates published by this site and its partners.

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  • 100 to 120 Kmart and Sears stores to close after slow holiday

     
    Disappointing holiday sales = 100 to 120 closing Kmart and Sears stores
  • Retail Roundup: Lego earnings are awesome, J.C. Penney sees profit

    Retail Roundup: Lego earnings are awesome, J.C. Penney sees profit
    Lego: Everything is awesome for toy brick company Lego, which said Thursday that its global sales rose 10% last year even as the global toy market suffered a slight revenue slide. The Danish company, whose star turn in “The Lego Movie” has...

    Sears shares plunge after retailer forecasts 4th-quarter loss

    Sears shares plunge after retailer forecasts 4th-quarter loss
    Shares of Sears Holdings Corp. fell as much as 21% in late trading after the retailer forecasted a fourth-quarter loss and posted lower sales during the holiday period. The shares, which closed Thursday at $42.57, down $1.40, or 3.2%, tumbled 13% to...

    Sears to sell, spin off stores after $2.4-billion quarterly loss

    Sears to sell, spin off stores after $2.4-billion quarterly loss
    Sears Holdings Corp. posted a $2.4-billion loss in its fourth quarter but appeased investors by planning to sell or spin off many of its stores to boost liquidity. The Hoffman Estates, Ill., company reported a loss of $22.63 per share in the quarter that...