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Sears Holdings Names Alasdair James As Kmart's President And Chief Member Officer

HOFFMAN ESTATES, Ill., Aug. 11, 2014 /PRNewswire/ -- Sears Holdings (NASDAQ: SHLD) announced today that Alasdair James has joined the company as President and Chief Member Officer for the Kmart business. In this role, Mr. James will be responsible for driving the Kmart format strategy, managing the Kmart P&L and aligning merchandise, marketing, pricing and selling with the needs and wants of Shop Your Way ® members.

Since 2007, Mr. James held roles of increasing responsibility with Tesco, where he most recently served as the commercial director for the company's global business unit. Prior to that, he spent two years managing Tesco's China operations as executive vice president and commercial director. In addition to his experience with Tesco, Mr. James has held roles with GlaxoSmithKline and PepsiCo. His experience running multi-site operations within the retail, pharma, food manufacturing and consumer packaged goods sectors is a strong fit for this member-focused role.

"Alasdair will work closely with me and our business unit leaders to understand the preferences of Shop Your Way members who shop at Kmart," said Edward S. Lampert, Sears Holdings Chairman and CEO. "He will be responsible for the Kmart strategy, its performance and its continued transformation as an integrated retail format."

Mr. James received a Bachelor of Science degree from the University of Portsmouth in Portsmouth, England.

About Sears Holdings Corporation

Sears Holdings Corporation (NASDAQ: SHLD) is a leading integrated retailer focused on seamlessly connecting the digital and physical shopping experiences to serve our members – wherever, whenever and however they want to shop. Sears Holdings is home to Shop Your Way ®, a social shopping platform offering members rewards for shopping at Sears and Kmart as well as with other retail partners across categories important to them. The company operates through its subsidiaries, including  Sears, Roebuck and Co. and Kmart Corporation, with more than 2,350 full-line and specialty retail stores in the United States and Canada. For more information, visit www.searsholdings.com.



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