Despite burning through $1.6 billion in cash last year, Sears Holdings Corp. (SHLD) is hiring. "They're hiring across the board" but particularly in electronics, Jason Hanold, CEO and founder of Chicago-based human resources executive search firm Hanold Associates told TheStreet. One position Sears could be looking to fill soon is the head of discounter Kmart. Alasdair James, president and chief member officer of Kmart since 2014, has reportedly abandoned the sinking ship. Hanold has recruited c-suite executives for the last 20 years at companies including Nike (NKE) , Home Depot (HD) and the struggling Sears. He said the last person he placed at Sears was Jim Cavner about two and a half years
Walmart is getting into aspirational retail — and it says a lot about the American economy. In recent months, Walmart has purchased several trendy, online retailers, including the hip fashion brand ModCloth, outdoor gear retailer Moosejaw, and shoe store ShoeBuy. ModCloth's dresses can cost between $60 and $150, whereas Walmart's dresses are usually priced between $10 and $25.
What makes a car a classic? A unique cultural formula of factors, according to vehicle valuation specialists at market research group Black Book — and if they all come together the right way, you could be making big bucks selling vehicles that were once commonplace. There’s just one catch. Well, two. It would be better if you bought it in, say, 1971. And it really helps if the car in question is still in mint condition. Some cars once sold for the manufacturer’s relatively affordable suggested retail prices have years later been marked up thousands, sometimes tens of thousands of percent. The 1971 Plymouth Barracuda, for example, was once purchased for an asking price of $4,296 and is now worth