retail news in context, analysis with attitude

• The Food Marketing Institute (FMI) announced that it now is accepting nominations for the Annual Store Manager Awards. Ten finalists will be honored at FMI Connect, The Global Food Retail Experience, scheduled for June 10-13, 2014 in Chicago, Illinois. Entries will be judged based on the person's impact on employee development, sales growth, customer satisfaction and community service, as well as originality and creativity of the entry.

Nominations are being accepted across four categories: Small retailers (1-49 stores); Medium retailers (50-199 stores); Large retailers (200+ stores) and International retailers. Finalists from each category will receive two complimentary registrations for FMI Connect and three nights of hotel accommodations in Chicago. The four grand prize winners will each receive a $1,000 prize and a crystal award.


•The New York Times reports that Sears Holdings is considering "splitting off" its Lands' End and Sears Auto Center businesses from the core Sears and Kmart chains.

"We believe separating the management of these two businesses from Sears Holdings would allow them to pursue their own strategic opportunities, optimize their capital structures, attract talent, and allocate capital in a more focused manner while bringing our business unit structure to life outside of the Sears Holdings portfolio,” the company said in a statement.

Sears Holdings. From all reports, it is close to becoming a dead company walking. Or stumbling.
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