Sears and Kmart’s Cyber Week deals start Sunday, Nov. 30 at midnight, and run until Saturday, Dec. 6 at 11:59 p.m.
Sears has been losing money and closing department stores as of late, and the multinational department store chain based in Hoffman Estates, Illinois, also owns Kmart, which has likewise been losing money. During the three months before November 2, Sears saw losses of $534 million, or $5.03 per share. A year earlier, the company lost $498 million, or $4.70 per share, in the same time frame.
The two sister companies interchangeably allow free in-store pick-up at any of the remaining 1,800 Sears or Kmart locations nationwide. Shipping is free for orders at $59 or more.
Notable Sears Deals include:
– A Kenmore 25 cu. ft. side-by side stainless steel refrigerator for $819.99
– A Kenmore high-efficiency top-load washer and dryer for $449.88 each
– A Samsung Bagless Upright Vacuum with Motion Sync Design for $174.99
– A Samsung 60″ 1080p 240Hz Ultra Slim 3D LED Full HD Smart TV for $1299.99
– A Samsung 55″ Class 1080p LED Smart HDTV for $799.99
— Sears Deals (@SearsDeals) November 29, 2014
Notable Kmart deals include:
– A Sanyo 50″ Class 1080p 60Hz LED HDTV $429.99
– An RCA 46″ LED TV for $349.99
– A Westinghouse LED 39″ HDTV 1080p 120Hz for $249.99
– 50 percent off Hasbro games
– A Craftsman 42 piece 1/4-inch and 3/8-inch Drive Bit and Torx Bit Socket Wrench Set for $29.99
– Up to 40 percent off Joe Boxer apparel for the family plus save 15 to 25 percent off with code CYBER25
Some Sears Black Friday 2013 mayhem:
Hedge fund billionaire Eddie Lampert, chairman and CEO of Sears, has shifted the focus of the company toward building upon its ‘Shop Your Way’ program, which caters to loyal customers. Under-performing stores are being shut down, including the location at the Fayette Mall in Lexington, Kentucky. At present, the ‘Shop Your Way’ members-only program accounts for 70% of Sears sales, up from 65% last year.
“The focus is less on selling products and just running stores,” Lampert said. “But serving members first.” During the last quarter, revenue fell 7% to $8.27 billion, mostly due to fewer Sears and Kmart stores in operation. Still, revenue at the stores still open, which indicates a retailer’s health, fell 3.1%.