Sears Holdings Announces Executive Appointments

Retail veterans fill key marketing and apparel posts

Sears Holdings Corporation (NASDAQ: SHLD) announced today two executives that will lead Kmart's marketing and Kmart's apparel business.

Bill Stewart will assume the position of chief marketing officer for Kmart. Stewart joins Kmart from Levi-Strauss & Co., where he served the last five years as vice president, marketing for the Dockers brand, where he played a key role in redesigning the brand's marketing and strengthening the brand with consumers and customers. Stewart has also served in senior marketing positions at a pair of internet retailers, as well as at the Coca-Cola Company and General Mills. He will report to Maureen McGuire, Sears Holdings' chief marketing officer.

The company also announced that Irv Neger has joined Kmart as senior vice president, Kmart apparel, overseeing Kmart's apparel strategy, product positioning, merchandising and buying. Neger, who has over 30 years of retailing experience, was previously senior vice president, softlines for Family Dollar Stores. Prior to joining Family Dollar in 2000, he served as senior vice president/GMM of Pennsylvania Fashions, Rue 21 Stores and before that was president of the off-price division of Paul Harris Stores. Neger reports to Peter Whitsett, Sears Holdings' senior vice president and merchandising officer for Kmart.

"The addition of these two respected executives to our company takes us another step forward as we continue to build our teams around a heightened customer focus," said Sears Holdings Chairman Edward S. Lampert. "They each bring proven track records, a fresh perspective and creativity to Sears Holdings and each will play a key role as we continue to work to earn our customers' trust and build lifetime relationships."

About Sears Holdings Corporation

Sears Holdings Corporation is the nation's third largest broadline retailer, with approximately $55 billion in annual revenues, and with approximately 3,900 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

CONTACT: Sears Holdings Public Relations, +1-847-286-8371

Web site: http://www.searsholdings.com/








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