Sears 2015 Annual Report Download - page 5

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providers, specialty retailers, wholesale clubs, as well as many other retailers operating on a national, regional or
local level in the U.S. and Canada. Online and catalog businesses, which handle similar lines of merchandise, also
compete with us. Walmart, Target, Kohl's, J.C. Penney, Macy's, The Home Depot, Lowe's, Best Buy and Amazon are
some of the national retailers and businesses with which we compete. The Home Depot and Lowe's are major
competitors in relation to our home appliance business, which accounted for approximately 15% of our 2015, 15%
of our 2014 and 13% of our 2013 reported revenues. Success in these competitive marketplaces is based on factors
such as price, product assortment and quality, service and convenience, including availability of retail-related
services such as access to credit, product delivery, repair and installation. Additionally, we are influenced by a
number of factors including, but not limited to, the cost of goods, consumer debt availability and buying patterns,
economic conditions, customer preferences, inflation, currency exchange fluctuations, weather patterns, and
catastrophic events. Item€1A in this Annual Report on Form 10-K contains further information regarding risks to our
business.
Employees
At January€30, 2016, subsidiaries of Holdings had approximately 178,000 employees in the United States and
U.S. territories. These employee counts include part-time employees.
€Our Website; Availability of SEC Reports and Other Information
Our corporate website is located at searsholdings.com. Our Annual Reports on Form€10-K, Quarterly Reports
on Form€10-Q, Current Reports on Form€8-K and any amendments to these reports are available, free of charge,
through the "SEC Filings" portion of the Investor Information section of our website as soon as reasonably
practicable after they are electronically filed with, or furnished to, the Securities and Exchange Commission
("SEC").
The Corporate Governance Guidelines of our Board of Directors, the charters of the Audit, Compensation,
Finance and Nominating and Corporate Governance Committees of the Board of Directors, our Code of Conduct
and the Board of Directors Code of Conduct are available in the Corporate Governance section of
searsholdings.com. References to our website address do not constitute incorporation by reference of the
information contained on such website, and the information contained on the website is not part of this document.
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