Business
Losing an iconic retailer like Sears is akin to losing a member of the family, and with what has already gone on with Sears,...
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All posts tagged "sears"
Business
Chairman Eddie Lampert submitted a bid last week for $4.4 billion through his hedge fund, ESL Investments., for 425 of Sears’ stores, according to...
Business
Sears Holding Company began laying out the groundwork for liquidation after a series of meetings on Friday in which advisors and bankers weighed the...
Business
Just before the 4 p.m. deadline on Friday, Chairman Eddie Lampert submitted a bid for $4.4 billion through an ESL affiliate, Transform Holdco, for...
Business
Sears has a history that stretches back to 1886. It was the pioneering department store that sold all things to all people and by...
Business
“A store closing sale or liquidation detrimentally impacts the Centers, as well as the surrounding individual tenants,” the mall owners said in the court...
World
Sears, the venerable chain that once dominated the American retail sector but had been in decline since the advent of the Amazon era, filed...
Business
In 2005, when Sears merged with Kmart stores, the two chains had a total of 3,500 U.S. stores. In the last 12 months, Sears...
Business
The additional stores that will be closing this year include 16 Sears stores, 49 Kmart stores, and seven auto centers. Most of them will...
Business
“Our historical operating results indicate substantial doubt exists related to the company’s ability to continue as a going concern,” Sears said in an annual...