NASDAQ Welcomes Sears Holdings Corporation

Total Page:16

File Type:pdf, Size:1020Kb

NASDAQ Welcomes Sears Holdings Corporation NASDAQ Welcomes Sears Holdings Corporation New York, N.Y. — The Nasdaq Stock Market, Inc. (NASDAQ®; NASDAQ: NDAQ) today welcomed Sears Holdings Corporation (NASDAQ: SHLD) as a newly listed company. The event was commemorated by the newly formed Sears Holdings Corp. ringing the Opening Bell at NASDAQ’s MarketSite in Times Square. Sears Holdings Corporation unites two powerful brands, Kmart and Sears. Kmart has been a NASDAQ-listed company since 2003 and Sears was listed on the New York Stock Exchange for 95 years. “Sears and Kmart are two of the great iconic American companies, and true to their status they have embraced new ways of thinking,” said Bob Greifeld, president and CEO of The NASDAQ Stock Market. “We look forward to partnering with Sears Holdings as it moves forward and continues to make history. By listing on NASDAQ today, it joins some of the most innovative retailers in the world.” NASDAQ® is the largest electronic screen-based equity securities market in the United States. With approximately 3,300 companies, it lists more companies and, on average, trades more shares per day than any other U.S. market. It is home to companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology. NASDAQ is the primary market for trading NASDAQ-listed stocks. For more information about NASDAQ, visit the NASDAQ Web site at www.nasdaq.com or the NASDAQ Newsroom at www.nasdaq.com/newsroom/. # # # Media Contact: Bethany Sherman 212.401.8714.
Recommended publications
  • Garbe V Kmart Whistleblower Complaint
    Case 3:12-cv-00881-NJR-RJD Document 359 Filed 05/01/17 Page 1 of 100 Page ID #9373 UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF ILLINOIS UNITED STATES OF AMERICA, and the ) STATES OF CALIFORNIA, COLORADO, ) DELAWARE, FLORIDA, GEORGIA, ) HAWAII, ILLINOIS, INDIANA, IOWA, ) LOUISIANA, MARYLAND, ) MASSACHUSETTS, MICHIGAN, ) MINNESOTA, MONTANA, NEVADA, NEW ) HAMPSHIRE, NEW JERSEY, NEW ) Case No. 3:12-cv-00881-NJR-RJD MEXICO, NEW YORK, NORTH ) CAROLINA, OKLAHOMA, RHODE ) ISLAND, TENNESSEE, TEXAS, VIRGINIA, ) JURY TRIAL DEMANDED WASHINGTON, WISCONSIN, and DOE ) STATES 1-18, ex rel. JAMES GARBE, ) ) Plaintiffs, ) ) vs. ) ) KMART CORPORATION, ) ) Defendant. ) ) THIRD AMENDED COMPLAINT Plaintiff-relator James Garbe, through his attorneys Phillips & Cohen LLP, on behalf of the United States of America, the States of California, Colorado, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Oklahoma, Rhode Island, Tennessee, Texas, Virginia, Washington, Wisconsin, and Doe States 1- 18 (collectively “the States”), for his Complaint against defendant Kmart Corporation (“defendant” or “Kmart”), alleges based upon personal knowledge, relevant documents, and information and belief, as follows: 1 Case 3:12-cv-00881-NJR-RJD Document 359 Filed 05/01/17 Page 2 of 100 Page ID #9374 I. NATURE OF THE ACTION 1. This is an action to recover damages and civil penalties on behalf of the United States of America and the States arising from false and/or fraudulent statements, records, and claims made and caused to be made by defendant and/or its agents, employees and co- conspirators in violation of the Federal False Claims Act, 31 U.S.C.
    [Show full text]
  • Kenmore Appliance Warranty Master Protection Agreements One Year Limited Warranty Congratulations on Making a Smart Purchase
    Kenmore Appliance Warranty Master Protection Agreements One Year Limited Warranty Congratulations on making a smart purchase. Your new Ken- When installed, operated and maintained according to all more® product is designed and manufactured for years of instructions supplied with the product, if this appliance fails due dependable operation. But like all products, it may require to a defect in material or workmanship within one year from the preventive maintenance or repair from time to time. That’s when date of purchase, call 1-800-4-MY-HOME® to arrange for free having a Master Protection Agreement can save you money and repair. aggravation. If this appliance is used for other than private family purposes, The Master Protection Agreement also helps extend the life of this warranty applies for only 90 days from the date of pur- your new product. Here’s what the Agreement* includes: chase. • Parts and labor needed to help keep products operating This warranty covers only defects in material and workman- properly under normal use, not just defects. Our coverage ship. Sears will NOT pay for: goes well beyond the product warranty. No deductibles, no functional failure excluded from coverage – real protection. 1. Expendable items that can wear out from normal use, • Expert service by a force of more than 10,000 authorized including but not limited to fi lters, belts, light bulbs and bags. Sears service technicians, which means someone you can 2. A service technician to instruct the user in correct product trust will be working on your product. installation, operation or maintenance. • Unlimited service calls and nationwide service, as often as 3.
    [Show full text]
  • GENERAL GROWTH PROPERTIES, INC. 2001 Annual Report on Behalf of All the Employees Of
    GENERAL GROWTH PROPERTIES, INC. 2001 annual report On behalf of all the employees of General Growth Properties, I would like to extend our condolences to anyone who lost a loved one, a friend, an acquaintance or a co-worker in The regional mall business is about relationships. the tragedy of September 11, 2001. We do not forge them lightly, but with the intent We are a country of strong individuals to nurture and strengthen them over time. Even in periods of distress, the relationships with who will continue to unite as we have rock solid our consumers, owners, retailers, and employees keep throughout our history.We will not us rooted in one fundamental belief: that success can be achieved allow horrific acts of terrorism to destroy when we work together.The dynamics of our the greatest and most powerful nation industry dictate that sustainability is contingent upon in the world. God bless you. the integrity of our business practices.We will never lose sight of this fact and will carry out every endeavor to reflect the highest standards. contents Financial Highlights . lift Portfolio . 12 Company Profile . lift Financial Review . 21 Operating Principles . 2 Directors and Officers . 69 Shareholders’ Letter . 4 Corporate Information . 70 Shopping Centers Owned at year end includes Centermark 1996 75 company profile General Growth Properties and its predecessor companies 1997 64 have been in the shopping center business for nearly fifty years. It is the second largest regional 1998 84 mall Real Estate Investment Trust (REIT) in the United States. General Growth owns, develops, 1999 93 operates and/or manages shopping malls in 39 states.
    [Show full text]
  • How a New Berkshire Hathaway Is Being Born in Secret Berkshire Hathaway Is the World’S Most Valuable Single Share of Stock
    Stansberry’s August 2013 Investment Advisory How a New Berkshire Hathaway Is Being Born in Secret Berkshire Hathaway is the world’s most valuable single share of stock. Inside This Issue Each share trades for more than $175,000. That’s roughly four times the median annual income in the United States. • Building a Secret Berkshire Hathaway The high price largely reflects the fact that Berkshire Hathaway is run by Warren Buffett. Berkshire Hathaway’s chairman and CEO since • The Hidden Treasure in 1964, Buffett is widely regarded as the world’s best investor. If you’ve This Dying Retailer read this Investment Advisory any length of time, you know our regard for him. It’s hard to think of an investor whose track record we admire • How to Make ‘Amplified’ more... Gains on America’s Oil There is little we could write in these pages about Warren Buffett Boom that you probably don’t already know. • Portfolio Review However, we are certain you know nothing, or almost nothing, about a man who is deliberately following in Buffett’s footsteps. He is, ____________________ like Buffett, one of the greatest investors of his generation. And like Buf- Editor: Porter Stansberry fett, he has gained control of a giant, failing business with a huge reserve of hidden assets. He is slowly transforming these wasted assets into a massive reinsurance firm. He is following Buffett’s precise playbook. And so far... almost no one knows it. But... before we tell you about these secrets... let’s go over a few of the key facts from Berkshire history just to make sure we’re on the same page.
    [Show full text]
  • Making a Difference
    “I’m honored to be the 2014 making a difference National Chairman of March for You and your company are helping real families in your Babies, a role of great impact for the March of Dimes and for community while working with the March of Dimes to babies across the country. For three help fight premature birth and birth defects. More than decades, Kmart’s support of the March of Dimes 20,000 companies partner with us through March for Babies has been an integral part of improving the lives of to help more babies be born healthy. a generation of babies. Kmart is proud to be a catalyst for that support … and I am privileged to be leading Kmart into the 31st year of this partnership to help advance the critical work top 5 reasons to being done on behalf of our tiniest citizens.” march for babies — Tim Austin, Senior Vice President Retail Services-Kmart, Sears Holdings Corporation and 2014 National Chairman of March for Babies it’s a teambuilding experience 1 Participating as a company team creates a special camaraderie that carries over into the workplace and “The work of the March of Dimes fully aligns with GE’s culture — enhances company morale and loyalty. to make a difference in the places where GE employees live and work. you’re in good company During the 2013 March for Babies 2 Join business leaders in your community and across the campaign, 260 GE teams from across 28 states country. Associate your company with a respected walked and raised money to help give babies a organization and a great cause.
    [Show full text]
  • Scrip Order Form
    St. Thomas Aquinas SCRIP ORDER FORM Thank you! Your support is greatly appreciated! Please remember that we can sell only the amounts listed on the order form. Name:_______________________________________________Phone:___________________Date:_______________ Check# :_________________Amount:__________________ * Please make checks payable to: St. Thomas Aquinas * Filled by__________NEEDS:________________________________________________________________________ Retailer Profit Card Qty. Total Retailer Profit Card Qty. Total (c.o.a.) = certificate on account for Amount (c.o.a.) = certificate on for Amount school account school $5.00 $100 Claire’s $0.90 $10 All Seasons Gutter/New All Seasons Gutter/Topper $10.00 $100 Cold Stone $0.80 $10 Creamery American Eagle Outfitters $2.00 $25 Courtyard/Marriott $6.00 $50 Applebees $2.00 $25 Critter $0.50 $10 Nation(Dyvig’s) Arby’s $0.80 $10 Barnes & Noble/B. Dalton $1.00 $10 Derry Auto (c.o.a.) $1.00 $25 Barnes & Noble/B. Dalton $2.50 $25 Derry Auto (c.o.a.) $2.50 $50 Bath and Body Works $1.30 $10 Derry Auto (c.o.a.) $5.00 $100 Bath and Body Works $3.25 $25 Dillard’s $2.25 $25 Bed, Bath and Beyond $1.75 $25 Dress Barn $2.00 $25 Best Buy $0.50 $25 Express $2.50 $25 Best Buy $2.00 $100 Fareway $0.50 $25 Big Time Cinema (Fridley’s) $1.00 $10 Fareway $1.00 $50 Borders/Waldenbooks $0.90 $10 Fareway $2.00 $100 Borders/Waldenbooks $2.25 $25 Fairfield Inn/Marriott $6.00 $50 Build-A-Bear $2.00 $25 Fazoli’s $1.75 $25 Burger King $0.50 $10 Finish Line $2.50 $25 Cabela’s $3.25 $25 Flower Cart (c.o.a.) $1.25 $25 Carlos O’Kelly $0.90 $10 Foot Locker $2.25 $25 Casey’s $0.30 $10 Fuhs Pastry $1.00 $10 Casey’s $0.75 $25 Gap/Old $2.25 $25 Navy/Banana Republic Casey’s $1.50 $50 GameStop $0.75 $25 Cheesecake Factory $1.25 $25 Gerber’s (c.o.a.) $2.50 $50 Chili’s/Macaroni Grill/On the $2.75 $25 Gerber’s (c.o.a.) $5.00 $100 Boarder Chuck E.
    [Show full text]
  • 070210 Double Coupon Stores.Pdf
    Participating Stores You must present your Shop Your Way Rewards Member number at time of purchase and coupon redemption. Limited to 5 coupons per customer, per day. Only first 5 coupons will be doubled. Please see store associate for details. Kmart reserves the right to modify or cancel this program at any time. [Kmart Store Coupons or Kmart Pharmacy Store Coupons are not eligible.] ALABAMA AL ALBERTVILLE 7200 US HIGHWAY 431 35950 (256) 878‐9030 AL ANNISTON 3101 MC CLELLAN BLVD 36201 (256) 236‐5681 AL ATHENS 104 HIGHWAY 31 NORTH 35611 (256) 233‐1551 AL GARDENDALE 901 DECATUR HIGHWAY 35071 (205) 631‐5690 AL BIRMINGHAM 5980 CHALKVILLE MOUNTAIN 35235 (205) 655‐5150 AL BIRMINGHAM 7845 CRESTWOOD BLVD 35210 (205) 956‐5186 AL PELL CITY 803 MARTIN STREET S 35128 (205) 884‐2900 AL HOMEWOOD 230 GREEN SPRINGS HWY 35209 (205) 916‐0610 AL CENTRE 1525 CHESTNUT BYPASS 35960 (256) 927‐8000 AL CULLMAN 1731 2ND AVE SW 35055 (256) 734‐4713 AL DECATUR 1101 BELTLINE RD 35601 (256) 350‐9150 AL FLORENCE 105 COX CREEK PKWY SOUTH 35630 (256) 764‐2223 AL MUSCLE SHOALS 3401 WOODWARD AVE 35661 (256) 383‐7716 AL FORT PAYNE 101 CRACKER BARREL ROW SW 35968 (256) 845‐0114 AL GADSDEN 201 GEORGE WALLACE DR 35903 (256) 547‐5703 AL HUNTSVILLE 1401 MEMORIAL PKWY NW 35801 (256) 539‐0491 AL JASPER 300 HIGHWAY 78 E 35501 (205) 384‐3475 AL PRATTVILLE 1880 EAST MAIN STREET 36066 (334) 365‐9460 AL SCOTTSBORO 22991 JOHN T REID PKWY 35768 (256) 259‐2728 AL TUSCALOOSA 635 SKYLAND BLVD 35405 (205) 759‐4461 AL NORTHPORT 1700 MCFARLAND BLVD 35476 (205) 339‐3180 AL AUBURN 2047 E UNIVERSITY
    [Show full text]
  • List of Closing Stores
    As part of our ongoing efforts to streamline the Company's operations and focus on our Best Stores, we have identified approximately 100 non‐profitable stores, many of which will begin store closing sales in the near future. We continue to evaluate our network of stores, which are a critical component in our transformation, and will make further adjustments as needed and as warranted. The company on Thursday, May 31 informed associates at 15 Kmart stores and 48 Sears stores that we will be closing these stores in early September 2018. Eligible associates impacted by these store closures will receive severance and will have the opportunity to apply for open positions at area Kmart or Sears stores. Customers can use the store locator function on our web sites to find the location of their nearest Kmart and Sears stores. Liquidation sales will begin as early as June 14 at these closing stores. Following is a list of the impacted stores. (Note –a small group of stores was pulled from the closing list of 72 stores on May 31 as they are being evaluated further). This list will be updated as appropriate. FORMAT STREET ADDRESS CITY STATE Kmart 910 North China Lake Blvd Ridgecrest CA Kmart 9881 W 58Th Avenue Arvada CO Kmart 5400 E Busch Blvd Tampa FL Kmart 4303 Nawiliwili Road Lihue HI Kmart 2535 Hubbell Avenue Des Moines IA Kmart 5909 E State Street Rockford IL Kmart 4070 Ryan Street Lake Charles LA Kmart 215 North Central Avenue Duluth MN Kmart 24 34 Barbour Avenue Passaic / Clifton NJ Kmart 2100 Carlisle Avenue Albuquerque NM Kmart 1000 Montauk Highway West Babylon NY Kmart 25301 Rockaway Blvd Rosedale NY Kmart 12350 N E Sandy Blvd Portland OR Kmart 1072 Mountain Laurel Plaza Latrobe PA Kmart 5000 San Dario Laredo TX Sears* 10001 N Metro Parkway West Phoenix AZ Sears 100 S Puente Hills Mall City Industry CA Sears* 7902 Citrus Park Town Center Tampa FL Sears 320 Towne Center Circle Sanford FL Sears† 2201 Henderson Mill Road N.E.
    [Show full text]
  • Investor Presentation September 15, 2020
    Investor Presentation September 15, 2020 Franchise Group Proprietary Information Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the securities laws (including the Private Securities Litigation Reform Act of 1995). Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They may include words or variations of words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “projects,” “forecasts,” “targets,” “would,” “will,” “view,” “opportunity,” “potential,” “should,” “could,” or “may” or other similar words or expressions that convey projected future events or outcomes. Forward-looking statements provide the Company’s or its management’s current expectations, predictions, opinions or judgments of future conditions, events or results. All statements that address operating performance, events or developments that the Company expects or anticipates will occur in the future are forward-looking statements. They may include estimates or projections of revenues, income, earnings per share, capital expenditures, dividends, liquidity, capital structure, synergies, EBITDA or other financial items, descriptions of the Company’s or management’s plans or objectives for future operations, products or services, or descriptions of assumptions underlying any of the above. Such forward-looking statements are based on various assumptions as of the time they are made, and are inherently subject to known and
    [Show full text]
  • Losing the Grip on Sears Holdings
    Journal of Business Cases and Applications Volume 14, July, 2015 Losing the grip on Sears Holdings Dylan Kendra Holy Family University Mike Fyke Holy Family University Amanda Kelley Holy Family University Kasey Woetzel Holy Family University Charles Harmer Holy Family University Don Goeltz Holy Family University Abstract This case is set in 2015 as a junior partner in an investment firm is trying to convince his partners to mount a takeover of Sears Holdings Corporation. In developing the presentation to the partners, the case addresses the steps in strategic analysis and highlights the need for an integrative financial and marketing strategy. The case also illustrates how any industry evolves, but particularly how the retail store industry has brutalized those competitors who have not been willing to change. By putting the student in the shoes of the junior partner in an investment firm, the case also has the reader take responsibility for coming up with a range of potential ways of developing a strategy for repositioning Sears Holdings. The Sears Holdings case can be used in a course in strategic management, in marketing, or in strategic marketing. It could also serve as a foundation for further development in a finance course. Keywords: Retail industry, department store industry, marketing strategy, turnaround Copyright statement: Authors retain the copyright to the manuscripts published in AABRI journals. Please see the AABRI Copyright Policy at http://www.aabri.com/copyright.html Losing the grip, Page 1 Journal of Business Cases and Applications Volume 14, July, 2015 INTRODUCTION Since Edward Lampert merged Kmart with Sears in 2004, the retail performance of Sears has plummeted.
    [Show full text]
  • Chicago's Largest Publicly Traded Companies | Crain's Book of Lists
    Chicago’s Largest Publicly Traded Companies | Crain’s Book of Lists 2018 Company Website Location Walgreens Boots Alliance Inc. www.walgreensbootsalliance.com Deerfield, IL Boeing Co. www.boeing.com Chicago, IL Archer Daniels Midland Co. www.adm.com Chicago, IL Caterpillar Inc. www.caterpillar.com Peoria, IL United Continental Holdings Inc. www.unitedcontinental-holdings.com Chicago, IL Allstate Corp. www.allstate.com Northbrook, IL Exelon Corp. www.exeloncorp.com Chicago, IL Deere & Co. www.deere.com Moline, IL Kraft Heinz Co. www.kraftheinz-company.com Chicago, IL Mondelez International Inc. www.mondelez-international.com Deerfield, IL Abbvie Inc. www.abbvie.com North Chicago, IL McDonald’s Corp. www.aboutmcdonalds.com Oak Brook, IL US Foods Holding Corp. www.USfoods.com Rosemont, IL Sears Holdings Corp. www.searsholdings.com Hoffman Estates, IL Abbott Laboratories www.abbott.com North Chicago, IL CDW Corp. www.cdw.com Lincolnshire, IL Illinois Tool Works Inc. www.itw.com Glenview, IL Conagra Brands Inc. www.conagrabrands.com Chicago, IL Discover Financial Services Inc. www.discover.com Riverwoods, IL Baxter International Inc. www.baxter.com Deerfield, IL W.W. Grainger Inc. www.grainger.com Lake Forest, IL CNA Financial Corp. www.cna.com Chicago, IL Tenneco Inc. www.tenneco.com Lake Forest, IL LKQ Corp. www.lkqcorp.com Chicago, IL Navistar International Corp. www.navistar.com Lisle, IL Univar Inc. www.univar.com Downers Grove, IL Anixter International Inc. www.anixter.com Glenview, IL R.R. Donnelly & Sons Co. www.rrdonnelly.com Chicago, IL Jones Lang LaSalle Inc. www.jll.com Chicago, IL Dover Corp. www.dovercorporation.com Downers Grove, IL Treehouse Foods Inc.
    [Show full text]
  • Annual Report
    ANNUAL REPORT Celebrating 50 Years of Progress About Catalyst Founded in 1962, Catalyst is the leading nonprofit membership organization expanding opportunities for women and business. With offices in the United States, Canada, Europe, and India, and more than 600 members, Catalyst is the trusted resource for research, information, and advice about women at work. Catalyst annually honors exemplary organizational initiatives that promote women’s advancement with the Catalyst Award. 1 2012 CatalyST AnnUAl REPort Celebrating 50 years of Progress TAblE oF ConTEnTS Letter From the President & CEO and Chair 2 Asia 30 Celebrating our 50th Anniversary 3 Consulting Services 32 2012 Catalyst Awards Conference and Dinner 4 Information Center 33 Celebrating Communities That Count in India 8 Public Policy Work 34 Catalyst Europe CEo Summit 10 Thanking our Supporters 36 The Catalyst Canada Honours 12 Changing Workplaces, Changing lives Campaign 37 Building our Community 15 Research Partners 40 Creating an online Hub 16 Special Project Funding 42 Working With the Media 17 2012 Catalyst Awards Dinner Contributors 44 Sharing our Knowledge 20 The Catalyst Canada Honours 2012 Contributors 46 Convening leaders of Change 21 Annual Giving 47 Serving our Members 23 Members 48 Women on boards 24 Financials 51 Women in the Pipeline 26 Catalyst Boards 59 Engaging Men 28 2 Letter From the President & CEO and Chair legacy of ambition and foresight drive results while managing by creating broad change in the personal commitments. All over foundations of society so that the world, the need for talent has women and men work and live trumped long-held beliefs about together on an equal playing field.
    [Show full text]