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Stock Market & Financial Investment News

News Breaks
February 25, 2014
08:40 EDTSHLD, EVRYEveryWare Global reports CEO John Sheppard left company
EveryWare Global (EVRY) announced that its Board of Directors has appointed Sam Solomon to serve as interim Chief Executive Officer, effective immediately. Solomon is succeeding John Sheppard, who left the company effective February 24. Solomon most recently served as President of the Sears/Kmart Tools (SHLD), Hardware and Paint business. The board has formed a search committee to evaluate candidates to serve as the company's permanent CEO and has engaged executive search firm Korn Ferry to assist in the process. Solomon is a candidate in the search for a permanent EveryWare CEO.
News For EVRY;SHLD From The Last 14 Days
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December 17, 2014
08:24 EDTSHLDSears 'strategic misdirection' highlighted by Mygofer failure, WSJ says
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December 15, 2014
11:17 EDTSHLDSears to have about 1,700 Sears, Kmart stores in operation going into 2015
On a company blog post, Sears CEO Eddie Lampert said: "At our most recent Town Hall meeting with our associates, I explained that I want us to operate our stores both profitably and with excellence. Both, not just one or the other.This is the background behind our decision to close more than 200 Kmart and Sears stores in 2014. Most of these stores were losing money, some for a long time. Because of the impact on our dedicated associates and our Shop Your Way members, these decisions were not taken lightly, or without our working to improve the performance of these stores over many years. Going into 2015, we will have approximately 1,700 Sears and Kmart big box stores in operation, representing about 200 million square feet of space." Reference Link

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