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Sears Holdings Names President for Jewelry Business Unit

          Michelle Pearlman to Lead Kmart and Sears Jewelry Teams

    HOFFMAN ESTATES, Ill., Sept. 15 /PRNewswire-FirstCall/ -- Sears
Holdings Corporation (Nasdaq: SHLD) announced today that Michelle Pearlman
has joined Sears Holdings as SVP and president -- Jewelry.

    Pearlman was most recently with Ann Taylor Stores Corporation, where
she served as EVP, ATC Direct, leading the internet sales division,
including AnnTaylor.com and AnnTaylorLOFT.com. She was responsible for
e-commerce merchandising, marketing, technology and operations. She joined
Ann Taylor in 2004 after five years at McKinsey & Company, most recently as
an Associate Principal where she managed turnaround and growth strategies
with numerous retail clients and prior to that, spent seven years with
Procter & Gamble where she held brand management and customer business
development roles.

    "Michelle brings a wealth of expertise in managing profitable online
and traditional retail businesses and driving operational turnarounds,"
said Bruce Johnson, Interim CEO and president of Sears Holdings. "As we
continue to work to transform our business, we have been concentrating on
strengthening our leadership bench. Since we announced our new business
unit structure, we have been able to add a number of talented business
presidents with extensive experience running related operations including:
Jim Barr (Microsoft Corporation), John Froman (Namco, LLC and Circuit
City), Nick Grayston (Foot Locker, Inc.), Craig Israel
(Robinson's-May/Meier & Frank and Kaufmann's), Stu Reed (Motorola) and
Guenther Trieb (Procter & Gamble)."

    Pearlman holds a MBA from the University of Chicago, Graduate School of
Business. She also earned a Bachelor's degree from Stanford University.

    About Sears Holdings Corporation:

    Sears Holdings Corporation is the nation's fourth largest broadline
retailer, with approximately $50 billion in annual revenues, and with
approximately 3,800 full-line and specialty retail stores in the United
States and Canada. Sears Holdings is the leading home appliance retailer as
well as a leader in tools, lawn and garden, home electronics and automotive
repair and maintenance. Key proprietary brands include Kenmore, Craftsman
and DieHard, and a broad apparel offering, including such well-known labels
as Lands' End, Jaclyn Smith and Joe Boxer, as well as the Apostrophe and
Covington brands. It also has Martha Stewart Everyday products, which are
offered exclusively in the U.S. by Kmart and in Canada by Sears Canada. The
Company is the nation's largest provider of home services, with more than
13 million service calls made annually. For more information, visit Sears
Holdings' website at http://www.searsholdings.com.


SOURCE Sears Holdings Corporation





 

 
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