Home appliance retailer Sears Holdings Corporation named Lisa Schultz Executive Vice President, Sears Holdings Apparel Design, a new position.
In her new role, Schultz will have responsibility for all of Sears' and Kmart's apparel design teams and report to Chairman Edward S. Lampert. She was previously Senior Vice President of design for Kmart.
Lampert stated, "In two years, Lisa has assembled a team of talented and enthusiastic designers and has refashioned and defined the Kmart apparel line. She has also been a valuable contributor to the development of strategy. Lisa's demonstrated ability to attract, retain and develop creative talent will be critical as she expands their combined design organization and works with their valuable design associates in New York City and Hoffman Estates."
Schultz, who previously was responsible for the development and success of the Gap's design organization, joined Kmart in the fall of 2003.
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 abroad 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 14 million service calls made annually.
Sears Holdings Corporation