Stanley Black & Decker To Open New Plant, Create 500 Jobs In Fort WorthStanley Black & Decker has announced it is opening up a new manufacturing plant at AllianceTexas in Fort Worth, which will bring in about 500 jobs.
New Smaller Sears Stores Focus On Appliances, Mattresses And Home ServicesAfter its journey through bankruptcy, Sears is getting ready to open its first batch of smaller stores focusing on appliances, mattresses and home services.
Sears Has "Substantial Doubt" About Its FutureSears, once the monolith of American retail, says that there is "substantial doubt" that it will be able to keep its doors open.
Sears, Watching Spending And Inventory, Limits Adjusted LossSears reported a wider fourth-quarter loss on Thursday, but its adjusted loss was smaller than last year and investors were encouraged that the company closely controlled inventory and expenses.
Sears May Sell Real Estate, Cut Jobs To Save $1 BillionSears may sell more locations, cut more jobs and put more of its famous brands on the block in an attempt to revive the faltering retail chain.
Sears Selling Craftsman Brand To Stanley Black & DeckerSears is selling its well-known Craftsman brand to Stanley Black & Decker, which plans to grow the tool brand by selling its products at more stores. Only 10 percent of Craftsman products are currently sold outside of Sears.