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Source: Sears Holdings Corporation

Hoffman Estates, Illinois -- Sears Holdings (Nasdaq: SHLD) has announced that Deidra Cheeks Merriwether has been promoted to SVP and president - Retail Services succeeding James H. Haworth who will be leaving the company to pursue other opportunities. Merriwether will be responsible for the oversight and leadership of retail services for all Kmart and Sears stores.

Merriwether started with Sears Holdings in 2001 as director, IT Finance and Global Capital Planning for Kmart and has risen quickly through the company - holding roles of increasing responsibility within real estate, procurement and finance. Merriwether most recently served as SVP, procurement and finance. She also serves as a member of Sears Canada's board of directors and is the executive sponsor of the company's African American Associate Network.

"Deidra is an accomplished leader," said Bruce Johnson, interim CEO and president of Sears Holdings. "She has a keen understanding of the retail business. Her past experiences within the company, along with a demonstrated success in creating and inspiring high performance teams that are focused on satisfying the customer, make her a perfect fit for this role."

Prior to Sears Holdings, Merriwether served as vice president, Finance and Real Estate Acquisitions for Isiah Investments. Previous to Isiah Investments, she was in the Fast Track to Partner Program with PricewaterhouseCoopers as manager, Mergers & Acquisitions. Merriwether earned an MBA in finance and operations management from Indiana University's Kelley School of Business and holds a bachelor's degree in chemical engineering from North Carolina A&T State University.

About Sears Holdings Corporation

Sears Holdings Corporation is the nation's fourth largest broadline retailer 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. Sears Holdings is the 2010 ENERGY STAR Retail Partner of the Year. Key proprietary brands include Kenmore, Craftsman and DieHard, and a broad 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 the Country Living collection, which is offered by Sears and Kmart. We are the nation's largest provider of home services, with more than 12 million service calls made annually. 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.