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BUSINESS
January 15, 2012 | By Shan Li
-- Boston-based Kynetic, which operates designer discount website Rue La La, underwent major layoffs and intends to close its SmartBargains.com site, a report says. The Boston Business Journal reported that Kynetic laid off 11% of its 550 workers as part of a restructuring designed to allow the company to "double down" on its core business. Part of the shake-up involves outsourcing the sales force for Rue La La's city-specific portals called Rue Local. "These moves unfortunately resulted in the elimination of some staff positions," the company said.
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ENTERTAINMENT
March 3, 2014 | By John Horn
In the end, Oscar voters couldn't truly avert their gaze from "12 Years a Slave. " Even though many Oscar voters found filmmaker Steve McQueen's searing chronicle of enslavement almost too harrowing to watch, "12 Years a Slave" prevailed Sunday to win the best picture trophy in one of the closest contests in modern Academy Awards history. In a ceremony in which the space thriller "Gravity" collected a leading seven statuettes - including the first directing Oscar won by a Mexican-born filmmaker - the biggest honor went to the true-life account of the kidnapping and auctioning of Solomon Northup, a New York freeman bartered as a Louisiana cotton picker.
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BUSINESS
June 5, 2012 | By Corilyn Shropshire
CHICAGO - It took a trio of famous sisters - Kim, Khloe and Kourtney Kardashian - and their namesake jeans to draw Sajde Kerimi back into Sears. The 29-year-old mother of two usually heads to Nordstrom Rack and H&M to shop, but on a recent weekend Kerimi was in Sears at Woodfield Mall, mulling several pairs of $68 Kardashian jeans. "Normally I wouldn't shop at Sears at all," said Kerimi, who was passing through on her way into the mall. A $38.99 black jumpsuit looked particularly promising.
ENTERTAINMENT
February 24, 2014 | By Mark Swed, Los Angeles Times Music Critic
The Los Angeles Philharmonic's multifaceted TchaikovskyFest has thus far weathered political incident. That is to say, nothing happened Friday night at Walt Disney Concert Hall to land performances of Tchaikovsky's Violin Concerto and Second Symphony on the front page or in the international spotlight. The concert, performed by the Simón Bolívar Symphony Orchestra of Venezuela (sharing the festival with the L.A. Phil) and conducted by Gustavo Dudamel, did draw an assembly of demonstrators in front of Disney.
CALIFORNIA | LOCAL
April 17, 2013 | By Alene Tchekmedyian
Two Arleta men were arrested Saturday after they stole women's clothing from Sears in Burbank and returned to the store, police said. The men -- Richard Munje, 46, and Paul Rey, 30 -- stuffed a yellow plastic bag with women's shorts, pants and a denim top, and left the store to place the bag in their Buick sedan, Burbank Police Sgt. Darin Ryburn said. The pair then returned to the store at 111 East Magnolia Blvd. just before 8 p.m., where they were met by police in the lingerie department.
BUSINESS
November 21, 2013 | By Roger Vincent
The new owner of the gigantic, historic Sears Roebuck & Co. distribution center in Boyle Heights said he hopes to create a new community in and around the site. Dating to the 1920s, the complex was once one of the major hubs in the country for distributing Sears catalog products. The nine-story distribution center closed in 1992, though a Sears department store still operates at the site.     "With a property of this size, I have the opportunity to develop an entire neighborhood,” said Izek Shomof, who bought the 1.8-million-square-foot property at Olympic Boulevard and Soto Street on Wednesday.
CALIFORNIA | LOCAL
May 22, 1996
I couldn't believe the comment by John Sears ("GOP Again Confronts Divisive Abortion Issue," Opinion, May 12) that the proper time for a woman to exercise control over her body is "just before you let some man you have little interest in impregnate you." What a quaint concept! Is he trying to say only loose women get pregnant? Apparently, a woman in a loving, committed relationship isn't allowed the male luxury of being caught up in passion. If someone forgets the condoms, why blame her?
MAGAZINE
October 25, 1987
In regard to the article "Sears Strikes Back" (by Donald R. Katz, Sept. 27): I feel that the downfall and dissolution of the Sears stores was caused and is being caused by inconvenience. Chain stores, like hardware stores and home-improvement centers, are more common and more convenient than the widely spaced Sears stores. Theresa Gayer Inglewood
ENTERTAINMENT
May 6, 2000
Vinessa Shaw, age 23, states with authority that "Sears was the Barneys of the '70s" ("Fictional Flashback: NBC Re-Creates the Disco Decade," by Victoria Looseleaf, April 26). Hmmm. Perhaps she doesn't remember Barneys' memorable ads from that era, back when Barneys was the Men's Wearhouse of the '70s. The only constant is Bloomingdale's--Bloomingdale's was the Bloomingdale's of the '70s! CYNTHIA A. SMITH Venice
BUSINESS
September 4, 1997 | Reuters
Sears, Roebuck & Co. formally entered into a $290-million nationwide settlement stemming from the retailer's illegal debt collection practices. The settlement with all 50 states, filed in Boston's U.S. Bankruptcy Court, affect an estimated 146,000 consumers nationwide. Hoffman Estates, Ill.-based Sears took a pretax $475-million charge in the second quarter in anticipation of the settlements, spokesman Jan Drummond said.
BUSINESS
November 21, 2013 | By Roger Vincent
The new owner of the gigantic, historic Sears Roebuck & Co. distribution center in Boyle Heights said he hopes to create a new community in and around the site. Dating to the 1920s, the complex was once one of the major hubs in the country for distributing Sears catalog products. The nine-story distribution center closed in 1992, though a Sears department store still operates at the site.     "With a property of this size, I have the opportunity to develop an entire neighborhood,” said Izek Shomof, who bought the 1.8-million-square-foot property at Olympic Boulevard and Soto Street on Wednesday.
BUSINESS
November 20, 2013 | By Roger Vincent
A vast but vacant Sears Roebuck & Co. product distribution center in Boyle Heights dating to the 1920s has sold for $29 million to a Los Angeles developer who plans to bring it back to life, perhaps with housing, offices and stores. The building has been a fixture on the East Los Angeles skyline for decades. Izek Shomof, who has renovated several office buildings and hotels in downtown's historic core, bought the sprawling nine-story Olympic Boulevard complex, where workers once glided on roller skates among far-flung racks of merchandise to fill orders from the popular Sears mail order catalog.
BUSINESS
November 20, 2013 | By Roger Vincent
A vast but vacant Sears Roebuck & Co. product distribution center in Boyle Heights - a landmark in East Los Angeles since the 1920s - has sold for $29 million to a Los Angeles developer who plans to bring it back to life, perhaps with housing, offices and stores. The sprawling building on Olympic Boulevard near the Los Angeles River is a familiar fixture on the skyline for commuters heading west into downtown. Izek Shomof, who has renovated several office buildings and hotels in downtown's historic core, bought the sprawling nine-story complex where sure-footed Sears workers once glided on roller skates among far-flung racks of merchandise to fill orders from the popular Sears mail-order catalog.
NATIONAL
November 6, 2013 | By Maeve Reston
MONCLOVA TOWNSHIP, Ohio - State Rep. Barbara Sears is the kind of Republican the party would want to highlight these days: a woman and former business owner, fluent in health insurance issues, who has managed to repeatedly win reelection in a district where Republicans and Democrats are almost evenly divided. But this year, the popular legislator with a strong conservative voting record has found her photo on door hangers throughout her district, pictured as the conductor of the Obamacare train to disaster.
BUSINESS
November 4, 2013 | By Tiffany Hsu
Kmart is going on a holiday all-nighter, opening for bargain hunters at 6 a.m. Thanksgiving morning and keeping the lights on for 41 straight hours. Sister company Sears also is gearing up for an overnight shopping marathon, welcoming patrons at 8 p.m. on Turkey Day and running special deals until 1 p.m. the next day. The effort will be the longest test of endurance in both retailers' history. The day after Thanksgiving has long been considered the kickoff to holiday shopping.
BUSINESS
October 21, 2013 | By David Lazarus
Stainless steel is supposed to be, well, stainless, isn't it? That was John's question after he noticed rust stains on the refrigerator he'd purchased from Sears. John also had purchased an extended warranty, so he contacted Sears and explained the problem. Sears' response: Your warranty doesn't cover cosmetic problems, only technical ones, so those stains on your stainless steel are your problem. ASK LAZ: Smart answers to consumer questions John could take the matter to small-claims court, but I wouldn't bother.
BUSINESS
June 15, 1993
It's almost the end of an era with the announcement (May 14) that Sears is selling off its Coldwell Banker residential real estate business. The 1980s business school MBA graduates mesmerized industry leaders with smoke and mirrors about the potential synergism of a financial empire wherein home buyers would buy Sears refrigerators, Allstate insurance, Dean Witter stocks, ad infinitum. This class of MBAs had literally no experience in the real world of business, yet it convinced corporate executives with words they wanted to hear.
BUSINESS
May 30, 2008 | From the Associated Press
Battered retailer Sears Holdings Corp. posted its largest quarterly loss Thursday since Sears and Kmart combined three years ago, providing surprising results far below Wall Street forecasts. The company said it lost $56 million, or 43 cents a share, in its first quarter as it fought for shoppers and cut prices to clear merchandise from store floors. That is a dramatic reversal from the retailer's year-earlier profit of $223 million, or $1.45 a share. "It was a pretty ugly quarter," said Morningstar analyst Kim Picciola.
ENTERTAINMENT
September 24, 2013 | By Charles McNulty, Los Angeles Times Theater Critic
Larry Kramer's "The Normal Heart" holds such an important place in the history of the AIDS epidemic, chronicling the stark early days, indicting the government for its inaction and challenging audiences to transform grief into activism, that it took me decades to appreciate the personal drama. The 2011 Broadway revival, directed by Joel Grey and George C. Wolfe and starring Joe Mantello as grass-roots crusader Ned Weeks, made devastatingly clear that beneath the agitprop was an emotionally searing character study.
SPORTS
July 27, 2013 | By Steve Dilbeck
This is how supernova-hot Hanley Ramirez is: Adrian Gonzalez, tied for eighth in the National League with a team-high 64 RBI, said his job is to get on base for Ramirez. “The way he's been swinging the bat, you want to give him as many opportunities as possible,” he said. Who can argue? For almost two months now, Hanley has been a man on fire, hitting the ball about as consistently hard as imaginable. He should come with a warning label: hot to the touch. Ramirez has been the National League Rookie of the Year, he's won a batting title and been a three-time All-Star.
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