Sears Holdings Corp (NASDAQ:SHLD) Grand Re-opening of Danbury, Connecticut Store
As the retail landscape continues to change, we are making changes of our own. For our Danbury Sears store, this meant that we would continue to serve the community, but with a smaller footprint. On Saturday, July 2, Sears celebrated the grand re-opening of our Danbury store which showcased a new smaller store layout assorted to better serve the needs of our members and improve our in-store shopping experience.
Business, municipal and government dignitaries from the city, state and federal government joined in celebrating the new in-store experience. John Moore, head of Sears Retail Services, kicked off the ceremony which included a speech from U.S. Sen. Richard Blumenthal and a ribbon cutting by the Honorable Mayor of Danbury, Mark D. Boughton. The celebration also featured Sears swag bags for the “first” 100 members, sweepstakes, refreshments, entertainment, demonstrations, face painting and a photo booth.
Gates Capital: Why (Free) Cash (Flow) Is King
Gates Capital Management's ECF value fund has earned strong returns for investors since its inception in June 1996. The ECF, or Excess Cash Flow Fund, had returned 12.9% annualized since inception to the end of September 2020. That was compared to 8.9% for the S&P 500 total return index and 7.4% for the HFRI Event-Driven Read More
“It was great to see our transformation and mission being brought to life by our amazing associates,” said John Moore, head of Sears Retail Services. “Sears is a great part of the Danbury community and we are happy to continue to serve our members.”
Congrats to the Danbury store and everyone who played a part in this journey of bringing the new store layout to life!
View the photos below to experience the grand re-opening for yourself: