HOFFMAN

Kmart will offer lease-to-own financing at stores nationwide this holiday season. The latest addition to Kmart's portfolio of financial services, the lease-to-own program began to roll out at Kmart stores in test markets as of Oct. 15 and will be available in all stores by Nov. 22. Giving customers and Shop Your Way members a no credit-required way to take home the items they need right away, lease-to-own financing will be available year-round for merchandise priced at $150 and over. 

HOFFMAN ESTATES, Ill. "Kmart's lease-to-own program will help ease some of the financial barriers our members and customers will face this holiday season," said Jai Holtz Large Product Assortment...

Sears continues focusing on its Shop Your Way loyalty program, following second-quarter results for the period ended Aug. 3. While revenues and comparable store sales did slip, CEO Eddie Lampert did acknowledge the progress the company has made in its transformation to a member-centric company. Shop Your Way members represented more than 65 percent of the company's sales and they redeemed rewards points at a significantly higher rate than last year. 

HOFFMAN ESTATES, Ill. — Sears Holdings saw revenues decrease to $8.9 billion for the quarter ended August 3, from $9.5 billion for the year-ago quarter. Fewer Kmart and Sears full-line stores...

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