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Sears Holdings Names Arun Arora To Lead Sears Home Services Business

Nation's leader in product repair, home delivery and related services

HOFFMAN ESTATES, Ill., April 14, 2014 /PRNewswire/ -- Sears Holdings (NASDAQ: SHLD) announced today that Arun Arora will join the company as senior vice president and president, Home Services. In his new role with the company, Mr. Arora will be accountable for all aspects of the company's Home Services business, including In-Home Repair Services, Service Contracts, Carry-In Repair, Sears Home Improvement Services, Parts Direct, Commercial Sales (all Sears Holdings product categories) and Sears Franchise Businesses.

Mr. Arora most recently served as the senior vice president and general manager for Staples Global Ecommerce. In this role he was responsible for managing Staples' online business, the second largest global ecommerce entity, as well as the company's inside-sales business. Prior to Staples, he held the role of chief financial officer, Americas & Treasurer, for Groupon, Inc., where he led a global team of several hundred, and worked to redefine and implement new global strategies for Groupon's business. His 22-year career spans across roles of increasing levels of responsibility in Finance and Corporate Development with Beam Global Wine & Spirits, Inc.; 3M Company; Mentor Graphics, Inc.; Verari Systems, Inc.; Sun Microsystems, Inc.; Credit Suisse First Boston; and Goldman, Sachs & Co.

"Our customers and members invite us every day into their homes and trust us; we don't take that for granted," said Edward S. Lampert, Sears Holdings Chairman and CEO. "Arun's passion for both analytics and understanding the customer's needs, along with his deep experience in integrated retailing, will be an asset to the organization."

Mr. Arora received a Master of Business Administration from Harvard University in Cambridge, Mass., and a Bachelor of Science degree in Business Administration from the University of Kansas in Lawrence, Kan.

About Sears Holdings Corporation
Sears Holdings Corporation (NASDAQ: SHLD) is a leading integrated retailer with more than 2,400 full-line and specialty retail stores in the United States and Canada and the home of Shop Your Way®, a social shopping experience where members have the ability to earn points and receive benefits across a wide variety of physical and digital formats through shopyourway.com and mobile apps. Sears Holdings is the leading home appliance retailer as well as a leader in tools, lawn and garden, fitness equipment and automotive repair and maintenance. Key proprietary brands include Kenmore®, Craftsman® and DieHard®, with a broad apparel offering, including such well-known labels as Lands' End®, the Kardashian Kollection®, Jaclyn Smith® and Joe Boxer®, as well as Sofia by Sofia Vergara and The Country Living Home Collection. We are the nation's largest provider of home services, with more than 14 million service and installation calls made annually, and have a long-established commitment to those who serve in the military through initiatives like the Heroes at Home® program. We have been named the 2011 Mobile Retailer of the Year, Recipient of the 2014 Energy Star® "Partner of the Year - Sustained Excellence Award" for Product Retailing and Energy Management and one of the Top 20 Best Places to Work for Recent Grads. Sears Holdings Corporation operates through its subsidiaries, including Sears, Roebuck and Co. and Kmart Corporation. For more information, visit Sears Holdings' website at www.searsholdings.com. Twitter: @searsholdings | Facebook: http://www.facebook.com/SHCCareers.

NEWS MEDIA CONTACT:
Sears Holdings Public Relations
(847) 286-8371

SOURCE Sears Holdings Corporation

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