Is the dying Sears Holding Corp. (SHLD) back in growth mode? Apparently it's having visions that all is just fine and dandy. With little fanfare, Sears opened a full-service auto care facility called DieHard Auto Center Driven by Sears in San Antonio last week. The news of its debut was first reported by Automotive News. Similar to a Pep Boys, Sears' auto service stop provides oil changes, tire replacement and vehicle repairs and assessments. Unlike Sears Auto Centers, the Diehard Auto Center isn't attached to a Sears store or in a parking lot of one. In effect, the store may be nothing more than Sears trying to showcase the brand's potential. To raise cash last May, Sears put its three best-known
posted killer e-commerce growth in the fourth quarter on Tuesday, said Eric Schiffer, CEO of online marketing agency DigitalMarketing.com. Lore also founded Quidsi, the company behind Diapers.com and Soap.com, which was bought by Amazon in 2010 for $550 million. "I think Amazon letting Marc go was the biggest mistake in history since Caesar let Mark Antony go to Egypt to be with Cleopatra," Schiffer told TheStreet.
U.S. President Donald Trump's planned economic agenda has fanned the flames for Wall Street's record-setting run, but some investors worry that his first major address to Congress next week risks dousing it if his plans look slow to execute or are overly vague. The benchmark S&P 500 has surged 10 percent since Trump's Nov. 8 election, with optimism running high over the Republican administration's domestic proposals, including plans to reform taxes paid by businesses. On Sunday, Treasury Secretary Steven Mnuchin said in an interview with Fox News Channel's "Sunday Morning Futures" program that Trump "will be touching on tax reform" as part of the speech.