The department store retailer has cut about 420 jobs so far this year as it attempts to reduce costs, but Sears acknowledges job cuts could hurt its business.
The department store chain is also about to start testing mini Sears shops, selling appliances, inside its Kmart locations.
Jeff Stollenwerck has been with Sears for more than 15 years.
In another twist in the long-running Sears saga, ESL Investments wants to snap up some of the most valuable remaining assets on the company's books.
The hedge fund led by Sears Holdings CEO Eddie Lampert is proposing to buy some of the retailer's assets.
More than a dozen of Sears Holdings' stores are being auctioned off online.
Retailers like Sears and Toys R Us with massive floor plans are the ones shuttering stores.
It’s a tradition that an entire generation fondly remembers: browsing through the Sears catalog ahead of the Christmas holiday, circling the highest priority wants with a red pen.
But the star hasn't been showing up for his own releases even during New York's Fashion Week, a sign of just how far the Sears-owned retailer has fallen.
Take a look at the Dave & Buster's that just opened on the second floor of what was once a Sears.