Edward Lampert


Sears Holdings Q2 Loss Widens on “Unacceptable Sales”

Shop Your Way, Sears Holdings' "successful" loyalty program

Hoffman Estates, IL—Sears Holdings today reported another dismal earnings report. This time, its second quarter profit widened to … [Read more...]

Sycamore Tight-Lipped Over Interest in Sears Canada

Sears canada

Toronto—Private equity firm Sycamore Partners has declined to comment on reports it is considering a bid for Sears … [Read more...]

Troubled Times: Sears Q1 Loss Widens as Sales Slide

Sears

Hoffman Estates, IL--In what is its 29th consecutive quarter of earnings losses, Sears Holding Corp. today reported its first … [Read more...]

Sears Holdings Considering Selling its Canadian Stake

Sears canada

Hoffman Estates, IL—As part of its strategic alternatives to save its business, Sears Holdings Corp. said today that it may sell … [Read more...]

Lands’ End Starts a New Chapter Without Sears

Lands' End Kicks Off Spring as an Independent Company

Dodgeville, WI—It’s official: Lands’ End is back on the board at NASDAQ trading under the “LE” now a separate entity from Sears … [Read more...]

Sears Narrows Q4 Loss by Cutting Costs, Selling Assets

Sears Chairman/CEO Edward Lampert sees "Shop Your Way" as the future for Sears Holdings.

Hoffman Estates, IL—Sears Holdings Corp. today revealed it managed to narrow its fourth quarter loss through cost-cutting and … [Read more...]

Sears Holdings Reports Dismal Holiday Comps

Sears Kmart

Hoffman Estates, IL—It’s been a year since billionaire hedge fund owner and Sears Holdings Chairman Edward Lampert named himself … [Read more...]

Sears to Spin Off Lands’ End

In an effort to improve its financial situation, Sears Holdings announced it plans to spin off its Land's End business.

Hoffman Estates, IL—While Sears Holdings would have probably preferred to sell its Lands' End business outright, the retailer said … [Read more...]

Sears Q3 Loss Widens, Sales Weaken (Again)

Sears Holdings

Hoffman Estates, IL—Posting its 27th straight earnings decline—and its sixth straight loss—Sears Holdings Corp. today reported a … [Read more...]

Sears Q2 Loss Bigger Than Expected

Apparel sales, including those from its exclusive Kardashian Kollection, have been a bright spot for Sears.

Hoffman Estates, IL—Sears Holdings Corp. today reported a bigger-than-expected loss due to weaker sales, heavy discounting and … [Read more...]

Luxurygoods for Sale? At Sears Marketplace!

Sears Marketplace

Hoffman Estates, IL—When you’re looking to strike a bargain on a “gently used” Chanel bag, a pre-owed Rolex watch or a pair of … [Read more...]

Sears Swings into Larger-Than-Expected Q1 Loss

Sears

Chicago—Shares of Sears Holdings Corp. tumbled about 16% in trading today after the retailer reported Thursday night a … [Read more...]