SEARS HOLDINGS CORPORATION (NASDAQ:SHLD) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
On March 14, 2017, Cesar L. Alvarez, a director of Sears Holdings Corporation (the “Company”), notified the Company of his decision to retire from the Board of Directors of the Company at the end of his current term and not stand for re-election as a director at the Company’s 2017 Annual Meeting of Stockholders. Mr. Alvarez’s decision was not the result of any disagreement with the Company on matters related to the Company’s operations, policies or practices.
About SEARS HOLDINGS CORPORATION (NASDAQ:SHLD)
Sears Holdings Corporation is an integrated retailer. The Company is the parent company of Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co. (Sears). It operates through two segments: Kmart and Sears Domestic. It operates approximately 940 Kmart stores across over 50 states, Guam, Puerto Rico and the United States Virgin Islands. Kmart stores carry an array of products across various merchandise categories, including seasonal merchandise, toys, lawn and garden equipment, food and consumables and apparel, including products sold under labels, such as Jaclyn Smith, Joe Boxer and Alphaline and certain Sears brand products (such as Kenmore, Craftsman and DieHard) and services. Its Sears Domestic segment’s operations consist of full-line stores, specialty stores, commercial sales and home services. Full-line stores offer an array of products and service offerings across various merchandise categories, including appliances, consumer electronics/connected solutions and tools. SEARS HOLDINGS CORPORATION (NASDAQ:SHLD) Recent Trading Information
SEARS HOLDINGS CORPORATION (NASDAQ:SHLD) closed its last trading session up +0.20 at 8.96 with 840,776 shares trading hands.