Sears Holdings

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  • Topic: Sears Holdings Corporation, Kmart, Kenmore Appliances
  • Pages : 2 (659 words )
  • Download(s) : 157
  • Published : January 16, 2009
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Running Head: SEARS HOLDINGS Each organization is unique as to the values and characteristics that makeup the culture of a company. Organizational behavior examines the influence that individuals, groups and structures have on behavior within an organization. The purpose is to provide information towards improving an organization’s ability to be effective. Sears Holding is the leading home appliance retailer in North America. Sears Holdings is also the retail sales leader in tools, lawn and garden supplies home electronics and automobile repairs and maintenance ( Some of the major name brands are Kenmore, Craftsman and Diehard. Clothing includes name brands such as Land’s End, Jaclyn Smith and Joe Boxer. In the year 2005 Sears and K-Mart merged to become Sears Holdings. The Total cost for this merger was 11 billion dollars ( With this merger came a change in the organizational culture. Led by Kmart Holding Corporation chairman Edward Lampert, the new Sears Holding Corporation would be the third largest retailer. A goal would be to achieve a 10% operating profit margin at the time and to save up to $500 million in three years in back office jobs, cuts, and more efficient buying of goods and possible store closings. The merger had an effect on gaining leverage to combine the strengths of Sears and K-Mart and to obtain greater long-term value that could generate as a stand-alone. A key part of increasing productivity is the selling of cross brands of appliances, clothing and tools. By merging these two corporations Sears Holdings were able to combine the best of human resources, information technology, operations, finance, strategy which would lead them to become a stronger organization. Finances for Sears Holding Corporations as of the second quarter, August 28, 2008 reported a net income of$65 million. This is a lower operating result from the same quarter of 2007 which was compared to $173 million,...
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