Acquisition Of Sears And Kmart

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    Acquisition of Sears and Kmart

    If you use this paper, you should cite it properly. [...] The Kmart Holding Corporation informed about its intention to acquire Sears and all business publications all over the country reported on the outcomes on the retailers, the real estate implications and the resolve of this step. It is clear that the acquisition of Sears by Kmart Holding Corporation may change the course of future corporation’s actions and plans. The Kmart is presently number three retailer after Wal-Mart and Target in the

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    Miltinational Acquisition

    Eaton Corporation recently made an acquisition of Cooper Industries. Eaton Corporation was founded in 1911 by Joseph Eaton. Eaton Corporation specializes in diversified power management. Its primary business focus is on the Electrical Sector; however, it does have four other segments in Truck, Aerospace, Hydraulics, and Automobile and has businesses both domestic and international. Eaton has over 72,000 employees worldwide and sells products to more than 150 countries. According to its 2011 annual

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    Sears Self Questions

    1) What is Sears trying to accomplish with the introduction of the Elf program? The purpose of introducing the Elf program is to improve customer service by providing extra attention and service, which recreates the shopping experience. By assisting their customers with personal sales experts, Sears can have more access to identify their customer preferences and tastes, and at the same time allows their customers to enjoy more convenience and freedom assisting the customers with personalized

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    Mergers and Acquisitions

    18.3% of all employees are employed by retail (Rahman-Eisner 5). Among the top players, Wal-mart takes the top spot at no. 1 with over 200 Billion annually in sales. Target moved to no. 4 with 48 billion in sales following the merger of Kmart and Sears to Sears Holding company (SHC). SHC is currently no. 3 in the retail industry with a combined 55 Billion (Rahman-Eisner 6). If the retailer industry wanted to expand from the 20% of economic establishments to a higher percentage, there are a couple

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    Can Sears Reinvent Itself?

    Can Sears Reinvent Itself? | Sears, Roebuck and Co. used to be the largest retailer in the United States, with sales representing 1 to 2 percent of the United States gross national product for almost 40 years after World War II. Its legendary Big Book catalogue was considered the primary (and sometimes the only) source for everything from wrenches to bathtubs to underwear. During the 1980s, Sears moved into other businesses, hoping to provide middle-class consumers with almost every type of banking

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    Sears Holding Corporation Proposal Report

    We are proposing that Sears Holding Corporation (SHC) divest its subsidiary Kmart Corp. Sears was once a retail giant that offered home appliances, clothing, and hardware. Kmart Corporation acquired Sears, Roebuck and Co in 2005 in the optic of accelerating their process of expansion as Sears targeted several Kmart locations. The merger of those corporations was also made to facilitate the access of branded products to their respective customers. They kept their own specific brands to continue focusing

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    Sears Holdings Business Analysis

    Running head: Sears Holding Business Analysis Sears Holdings Business Analysis Steven G Cole MGT/521 Leo Shelton Sears Holdings is an icon in the retail business since its founding in 1925. It survived the depression and many economic cycles since its founding. With the purchase of Kmart out of bankruptcy in 2005 and the unexpected recession of 2008 Sears has struggled financially. Their strategy of selling niche items of higher quality and brand names has not fared well in this valued

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    Sears

    Sears Canada is a retailer based in Toronto, ON, with its parent company Sears Roebuck situated in Chicago, IL. The two companies operate independent of each other; however more or less carry the same product lines. Sears Canada primarily has two major merchandising categories, with Home & Hardlines accounting for 60% of the sales while apparel & accessories represent 40% of the sales. Sears has been in the retail industry in Canada for over 60 years, and has built a significant brand name for

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    Sears Marketing Plan

    SEARS Marketing Plan Executive Summary Sears Holding Corporation is the fourth largest retailer in the United States and Canada. Its subsidiaries include Sears, Roebuck and Co. as well as K-Mart. The closing of the merger between Sears and K-Mart took place on March 24, 2005. Sears has more than 4,000 retail stores across the United States, Canada, Puerto Rico, and Guam. Sears offers products and services through over 2,700 branded and affiliated stores. Sears operates 894 broad-line stores

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    Sears

    Critical Analysis # 3 The Plan to Rescue Sears The article “The Plan to Rescue Sears” by Miguel Bustillo, analyzed the business recovery strategies that the company plans to implement under CEO Lou D’Ambrosio. D’Ambrosio plans to counteract Sears’ business downturn through a blend of technology and loyalty-reward program. Although this plan might have positive effects, it will only put Sears on the same level with its competitors not ahead of them. Stores such as Macy’s and Target already offer

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    Sears

    Sears, Roebuck and Co. vs Wal-Mart Stores, Inc 1. In the time highlighted in the case, Sears and Wal-Mart both had impressive ROEs for the retail industry. However, the retailing strategies of the two large department store chains vary. Wal-Mart operates as a discount retailer and even has a slogan of “Always low prices.” In contrast, Sears is a more traditional department store. Based on this distinction, Wal-Mart focuses on high turnover and less on profit margin. Wal-Mart and Sears offer

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    Acquisition Planning

    Acquisition Planning 2 Compare and contrast how the listed agencies, such as the Departments of Health and Human Services (HHS), Homeland Security (DHS), and the National Aeronautics and Space Administration (NASA), have carried out acquisition planning. HHS, DHS and NASA are required to have written acquisition plans which must be close to what the elements in the FAR states. DHS and NASA also have the cost estimates and requirements documents when preparing the acquisition plan

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    Sears

    MNM41 A Business Strategy Review and a Marketing Review of Sears 1st submission Date Due in: April 19, 2012 Number of pages: 23 Word count :3,281 Table of Contents sEARS bUSINESS STRATEGY REVIEW i Executive Summary 2-3 introduction brief history and background of sears 4 mission & obJECTIVES II evaluation of sears existing mission and objectives 5-6 External analysis IIi Competitors

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    Kmart Is Back in the Game

    The Sources or source which published the news item Get basics right, do the maths. Kmart is back in the game. The West Australian, West Business, March 16-17, p. 11. A brief summary of the event In 2008 Kmart was “cluttered with products” and had “dirty, cluttered” stores. The pricing of products were way too expensive and they were struggling to make a sale. They were selling $4000 BBQ’s and Guy Russo believed that if they are going to sell high market priced items then they have to offer the

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    Sears

    Sears is a mid-range department store chain of America. It sells clothing, shoes, furniture, jewelry, books and so on. Sears story is about how Sears manage their business successfully. Sears success is based on its smart response to the changing market and its wise adjustments because of the need for expansion. One of the main achievements Sears made is that Sears invented mail-order plant for reaching its first target consumer group: the farmer. Mail-order method is still used by a lot of companies

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    Eeoc Sues Kmart for Disability Discrimination

    EEOC Sues Kmart for Disability DiscriminationEEOC Sues Kmart for Disability Discrimination A known leading retail store, Kmart in Baltimore is said to have violated federal law. It was claimed that Kmart refused to hire an individual who had disability, that individual needed reasonable accommodation, so the United States EEOC, Equal Employment Opportunity Commission decided to file a lawsuit. The Hyattsville store was said to have rejected the individual who applied for a position due to his kidney

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    Sears' Business Model Issue

    customers. Within every firm there are people who need to make important decisions to direct the business in an efficient matter. The problem in this case is that Sears has put more value on short-term profit maximization instead of maximizing consumer utility. Conflicts often arise between an owner and a manager. In regards to the Sears case, there was clearly a differential of horizons. The manager thought it was great that he was pushing sales in the short term, but couldn’t see that in the future

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    Kmart Bankrupt

    Kmart has made some horrible decisions in the past few years. They have numerous competition throughout America from Wal-Mart and target. Kmart failed to keep with the times and update their stores. The store designs have not changed since their inception and it seems that no money was ever invested into modernization. Even their cash registers were out of date and obsolete from the current systems in use by Wal-Mart. “No matter what Sears said, they weren’t keeping the promise. Consumers are

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    Sears Marketing Case

    SEARS Targeting College Students Prepared For: MKT 360 – Marketing Analytics April 25, 2012 Table of Contents Section title Page Executive Summary 3 Introduction 5 Purpose of the Study 5 Sears: Trends in Sales 5 Competitors 7 Sears Consumer Segments 8 Purchasing Trends 11 Legal Issues 11 Social & Cultural Issues 12 Economic Trends 14 Technological Innovations 15 Research Objectives 17 Methodology 18 Data Analysis &

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    Sears Case Analysis

    Background In 1989, Sebastian Spering Kresge opened Kmart, a five-and-dime store in Detroit. The low prices appealed to shoppers and he was able to open 85 more stores in 1912. By 1927, the Kresge Company started opening locations that sold items for $1 or less. Ten years later, he opened a store in a shopping center in Kansas City, Missouri (Sears Holdings, History). In 1968, Kmart begin to air television commercials to entice shoppers to the stores. Harry B. Cunningham became president in 1959

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    Mergers and Acquisitions

    Mergers and Acquisitions CHAPTER 21 OPENING CASE I n April 2007, Netherlands-based ABN AMRO and U.K.-based Barclays announced a merger that would create the world’s largest asset manager as well as one of the world’s five largest banks. The value of the deal was about €67 billion ($91.07 billion). Under the terms of the merger, Barclays would offer 3.225 shares of the new company for each share held by ABN AMRO shareholders. Also, ABN AMRO agreed to sell LaSalle Bank to Bank of America

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    Kmart

    Acquisition of Sears and Kmart The rapidity of development of businesses today requires the knowledge of all processes associated with leading companies in Canada and the United States as well as in the rest of the world. This is a free extract from business school essay created by one of our writers. This business essay sample is the property of Essay-Paper.net. If you use this business essay paper, you should cite it properly. [...] The Kmart Holding Corporation informed about its intention

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    Mergers and Acquisitions

    Mergers and Acquisitions Dr. Daniel Goldsmith BUS -508 Contemporary Business Strayer University February17, 2014 Mergers and Acquisitions Use the Internet to research a publicly traded company in the United States that has undergone a merger or acquisition within the last three years. Take notes on the circumstance surrounding the merger or acquisition. Question1. Examine the circumstances that resulted in the merger or acquisition for the selected company. Speculate on two reasons

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    Mergers and Acquisitions

    Mergers and Acquisitions Dr. Daniel Goldsmith BUS -508 Contemporary Business Strayer University February17, 2014 Mergers and Acquisitions Use the Internet to research a publicly traded company in the United States that has undergone a merger or acquisition within the last three years. Take notes on the circumstance surrounding the merger or acquisition. Question1. Examine the circumstances that resulted in the merger or acquisition for the selected company. Speculate on two reasons

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    Sears and Total Rewards Approach

    How do the Sears changes reflect a total rewards approach? A total rewards approach can be implemented in a company to attract, engage, and retain employees. When designing an aggressive total rewards approach a mixture of five key elements are used to tailor a program that reinforces the overall business strategy of a company while ensuring organizational success for the future. These five key elements are: compensation, benefits, work life, performance and recognition, and finally development

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    Mergers and Acquisitions

    Assignment 2: Mergers and Acquisitions Mer Jean Fronkoua Business 508028VA016-1146-001: Contemporary Business August 9, 2014 Mergers and Acquisitions Mergers and acquisitions are common place in the business world today. Many companies merge or become acquired for different reasons. In 2004, Sears and Kmart, two of the largest retailers in the nation, combined forces to become the third largest retail company

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    Acquisitions

    Premier Dairies | Presentation to Shareholders: Acquisition of Lagos Dairies | | MBA 1 – 2014: Business Management Group 3 4-18-2014 | Introduction Since its inception in 1957, Premier Dairies has been supplying a variety of quality and nutritious milk products thus becoming a household brand name in Southern Africa. The company is listed on the Johannesburg Stock Exchange with a market capitalisation of R 1.5 billion and a price earnings ratio of 20:1, thus reflecting strong growth

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    Sears Business Analysis

    Sears Canada, Inc. (SCC) - Financial and Strategic Analysis Review Reference Code: GDRT32835FSA 290 Yonge Street, Suite 700 Toronto, ON M5B 2B8 Canada Phone Fax Website Exchange +1 416 3621711 +1 416 9414793 www.sears.ca SCC [Toronto Stock Exchange] Revenue Net Profit Employees Industry Publication Date: AUG 2010 5,201 (million CAD) 290.70 (million CAD) 11,240 Retailing Company Overview Sears Canada Inc. (Sears) is a multi-channel retailer. The company engages in providing a variety of merchandise

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    Mergers and Acquisition

    Mergers and acquisitions (M&A) are both aspects of strategic management, corporate finance and management dealing with the buying, selling, dividing and combining of different companies and similar entities that can help an enterprise grow rapidly in its sector or location of origin, or a new field or new location, without creating a subsidiary, other child entity or using a joint venture. Methods to pursue a strategy can be divided into three categories: internal growth, external growth (mergers

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    Online Marketing Kmart Analysis

    products and services has become much more complex with the introduction of the internet. In this paper I will attempt to describe the effect of e-business on marketing strategies today, as well as describe the e-business marketing strategies utilized by Kmart, Inc. The internet is an enormous environment that is advancing and developing at a very erratic pace, and only companies able to adapt will survive. The World Wide Web provides a medium that breaks through geographical boundaries, allows the customer

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    Kmart

    A resurgent Kmart, home of the blue light special, is buying the once-dominant Sears department store chain in a surprising $11 billion gamble it is counting on to help both better compete with Wal-Mart and other big-box retailers. Led by Kmart Holding Corp. chairman Edward Lampert, the new Sears Holdings Corp. would be the nation’s third largest retailer. Both chains would survive, but several hundred stand-alone Kmarts throughout the country are expected to be transformed into Sears stores. The

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    Sears Swot

    Strengths * Sears is one of the top three merchandise retail companies in the United States. They currently are behind Wal-Mart and Target. * Sears has a very strong managerial capability that manages its wide range of retail outlets in USA and Canadian markets. (Sohail, 2011, para. 5) * Sears is currently the only company of the top three competitors that have stores located inside of malls. This allows them to seclude themselves from the competition. * Sears has its own brand name products

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    Annual Report 2000 of Sears

    Destination: Sears SEARS 2000 ANNUAL REPORT Financial Highlights millions, except per share data 2000 1999 1998 Revenues Income before extraordinary loss Net income PER COMMON SHARE $40,937 1,343 1,343 $39,484 1,453 1,453 $39,953 1,072 1,048 Income before extraordinary loss Net income EXCLUDING IMPACT OF NONCOMPARABLE ITEMS 3.88 3.88 3.81 3.81 2.74 2.68 Income excluding noncomparable items Per common share Total assets Debt Shareholders’ equity

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    Sears Training Program

    Job Training Proposal for Sears 2015 Prepared by Cory Richmond Former Employee of Sears Report Distributed April 26, 2015 Prepared for Human Resource Department and Store Manager To: Human Resource Department and Store Manager From: Cory Richmond, Former Sears Employee Date: April 26, 2015 Subject: Training Proposal Enclosed is a training proposal Sears can implement. It contains a few methods Sears can adopt to train new employees. The proposal

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    Kmart – Management Fraud

    Kmart Corporation. Kmart is a Corporation headquartered in Troy, Michigan since 1899 by Sebastian S. Kresge. The company went public on the New York Stock Exchange in 1925 under the symbol KM, and during the 70’s the company officially changed its name to Kmart, standing for quality products and low price. On January 22, 2002, Kmart filed a voluntary petition for reorganization relief under Chapter 11 of the Bankruptcy code. The company's common stock is registered with the Commission pursuant

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    Sears Holding

    Byanca Christopher Business 4/20/2015 Sears Holdings Corporation There have been many large chain retailers to grace the United States, but Sears (or Sears, Roebuck and Co.) has been a staple for as long as many people can remember. Sears was once the largest retailer in the United States and is still one of the largest today. In recent years the retail giant has seen a major decline in revenue and stores have been closing across the country. However, Sears is not completely out of options or business

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    Kmart-Sears (Swot)

    I. Problem For Sears Holding Company (SHC) to come up with a business strategy that will address competition, culture, and synergy and create a distinct brand image and identity for the company, which will help them succeed in the long run. II. Subproblem For the two companies, Kmart Holding Corporation (“Kmart”) and Sears, Roebuck & Co. (“Sears”) to be able to act as one company and create value. III. Objectives 1. To create a brand image identity 2. To create a culture of success 3.

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    Mergers and Acquisitions

    Executive Summary The reason behind mergers and acquisitions is to create more value as two organisations put together would be more valuable than two separate organisations whereas the basic theory behind buying an organisation is to build shareholder value over and above of the sum of the two organisations. Mergers and acquisitions have become a regular occurrence of growth for organisations in the recent years. Organisations are presented with likely wider market share as well as open

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    Sears Holdings

    discount store. • Sears Auto Centers operating in association with full-line stores • Offering its Sears collection through the use of sears.com website • Option of buying through a mobile app or online & picking up merchandise in one of the Full-line or Kmart stores. • Purchase leased operating facilities, as well as offers to sell owned, or assign leased, operating & non-operating properties. • Transforming into an integrated retail strategy. Strengths &Threats: • Selling Sears merchandise

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    Quality Management at Sears Holding Corporation

    Quality Management at Sears Holding Corporation Felicia J Town Keller Graduate School of Management Managing Quality GM588 Professor Taylor October 10, 2011 Quality Management at Sears Holding Corporation Richard Sears, a Minneapolis railway station agent, sold lumber and coal to the local residents to make extra money. One day he received an unwanted shipment of watches from a neighboring jeweler and the light bulb in his head lit up, he was ready to start his own watch company. In 1886

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    Sears Case Study

    Retailing & Wholesale: Sears Case Study Sears Ascension through Retail Strategy Based on the principles of retail strategy, it is clear that Sears rose to power because it successfully met the needs and wants of a large amount of people. From its founding, Sears offered an incredible variety of products not available at other stores. Its unique position as the most comprehensive department store earned it a reputable title in the list of American department stores. Due to the lack of public

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    Sears

    Sears, Roebuck & Co G5 Investment Group Matt Nutsch Renis Kacani Melody Seely Ashley Green Wiley Eagle . G5 Investment Group December 4, 2004 Retail – Broadline Buy Stock Data Price (52 weeks) Symbol/Exchange Beta Fully Diluted Shrs Average Daily Vol Current market cap Book Value / Share Current ratio $31.21 - $55.90 S / NYSE 1.3 230.4 million 5,028,000 shrs 10.82B $28.3 1.32 Valuation (per share) Current Price Comparables DCF Analysis Residual Income

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    Sears Holdings Corporation Strategic Plan

    Sears Holdings Corporation is a company that came from two very well known organizations, Sears and Kmart. Both companies go back even farther than the 1900s and unfortunately both companies experienced financial difficulty at one point. With the merger Sears Holdings Corporation has the experience of both organizations as well as their different style of operating. Along with an improved customer base and a new outlook Sears Holdings Corporation is experiencing financial growth. Richard W. Sears

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    Sears

    Dress Shoe - Black Sold by Sears Width: Medium | Color: Black | Size: 10.5 Shipping edit $24.99 Qty. 1 Apostrophe Women's Hipster Style Panties Sold by Sears Special Sizes: Women's | Size: 7 | Color: White Ship: Standard Joe Boxer Women's Printed Boyshorts Panties Sold by Sears Special Sizes: Women's | Color: Blue | Size: 7 Qty. 1 Your item(s) will arrive between Apr 11 and Apr 13 $3.40 1 $3.40 Joe Boxer Women's Lace-Trim Hipster Sold by Sears Standard Ship: Apostrophe

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    Kmart

    Kmart: A Strategy for Survival Lindsay Huston Hamilton Lee Chris Shewchuck Renee Welsh Economics of Competitive Strategy April 30, 2003 Introduction Discount retail has evolved into a highly competitive industry. As a result, discount retail pioneer Kmart, has faltered and fallen into Chapter 11 reorganization. This paper provides analysis of the industry, and a discussion of the firm-specific strategy that Kmart should undertake in order to reestablish itself as a player in the market. Relevant

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    Sears, Roebuck and C.

    Sears, Roebuck and Co. Overview Sears, Roebuck and Co. is the leading retailer of home appliances in the United States. Sears, Roebuck and Co. is an ideal retailer compared to its competitors, because of the consolidated approach that the company has established over the years. They are not only leaders in home appliances, but they reach consumers with different needs, such as: tools, fitness equipment, home and garden, automotive repair and maintenance, and apparel. Sears, Roebuck and Co

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    Kmart and Sears

    MGT6890 6/20/12 Kmart and Sears: Still stuck in the middle? Just two years after filing bankruptcy, Kmart Corporation stunned the retail industry with the acquisition of Sears in November of 2004. The acquisition of Sears for Kmart was a part of a growth strategy to help build and strengthen the once dominant giant discount retailer. Between the 1960’s and through the 1980’s Kmart was the number one leading retailer in the discount department store industry. For 30 years Kmart seemed to be doing

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    Sears

    Sears Chairman Edward Lambert Edward Lambert is the chairman of Sears Holding Corporation (SHLD). He is known as the Steven Jobs of the investing world. He thinks differently, acts differently, and achieves extraordinary results. Lambert was thought to be crazy when he decided to invest Kmart which was on the verge of chapter 11 bankruptcy. Lambert is a man that sees things as a bigger picture. When he decided to invest in Kmart he knew he wasn’t taking a risk. “Kmart’s bankruptcy is avoidable”

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    Larry Sears and Scott Closimo

    After listening to Larry Sears and Scott Colosimo’s presentation and going over some basic rules about being an entrepreneur, I found a lot of similarities which have been briefly itemized here: 1. Cash is hard to get and easy to spend. Make it before you spend it 2. Gross margin is the most important number on the income statement 3. Identify your true competitors 4. A life plan has to come before the business plan 5. In reality there is no solid business plan. It has been written to convince

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    Sears

    CASE STUDY III FAIRHOLME Ignore the crowd. Fairholme Ignore the crowd. This presentation uses Sears Holdings Corporation (“Sears” or the “Company”) as a case study to illustrate Fairholme Capital Management’s investment strategy for the Fairholme Fund. In the pages that follow, we show Fairholme Fund shareholders why we “Ignore the crowd” with regard to our portfolio positions that are currently out of favor in the market. However, nothing in this presentation should be taken as a recommendation

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