Sears Holdings Corp (SHLD) Revisits Framework for Profit
Sears Holdings Corp (NASDAQ:SHLD) is active again on its Sears Holdings SHC Speaks Blog again. This time the company is highlighting its Framework for Profit, which it unveiled in a recent quarterly financial update. The framework includes some new key takeaways from its 3rd quarter results.
Framework for Profit
The infographic Framework for Profit, which we provide below, highlights the areas that company is working to transform. The company lays out its different initiatives of its transformation.
Shop Your Way & Integrated Retail
The Shop Your Way & Integrated Retail are labeled the foundation of the company’s business model and include things like Shop Your Way Rewards, Mobile Check Out, In-Vehicle Pickup and improves to the ShopSears App.
Product-Centric to Member-Centric
The company wants to drive more sales through driving more of what it members want and how they want it whether it be in-store, online, or more.
Optimizing Store Network and Square Footage
The company plans to focus on its best performing stores and maintains a presence in the top malls despite store closures. It touts that it has positions in 60 of America’s Top 100 Malls and Top 100 Fashion Malls, down only from 63 before closures.
The company touts the liquidity it has generated and the substantial scale which can make small improvements yield big results.
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