Edward Lampert


Sears Holdings to Shutter Even More Kmart, Sears Doors

Sears Kmart

Hoffman Estates, IL—Lately, store closings have been a signal that business is off at some channels of retail. New closings … [Read more...]

Sears Holdings Q3 Sales Down 20% Despite Narrowed Loss

kmart

Hoffman Estates, IL—Sears Holdings Corp. today reported a wider-than-expected third quarter loss even though its declining sales … [Read more...]

Amid Narrowed Q4 Loss, Sears Holdings Plans to Sell Off Stores

sears

Hoffman Estates, IL—Despite a smaller fourth quarter loss than last year, Sears Holdings plans to continue on Chairman Edward … [Read more...]

Sears Seeks Holding Agencies to Structure the Company

Sears

Hoffman Estates, IL—In its latest ploy to survive a financial spiral downward, Sears Holdings evidently has reached out to “all of … [Read more...]

Sears Holdings to Lease Primark 7 Retail Locations

Primark customers in Arnhem, Netherlands, at a recent store opening there.

Hoffman Estates, IL—Sears Holdings continues to look for ways to scape cash together. Today it announced lease agreements with … [Read more...]

Sears Holdings Begins Rights Offering

sears-storethumb

Hoffman Estates, IL—Sears Holdings said in a filing on Wednesday that it plans to raise $380 million by selling off the majority … [Read more...]

Report: Sears Vendors May Be Getting Nervous

Sears Holdings

Hoffman Estates, IL--Even after borrowing $400 million from CEO Edward Lampert  in September and selling shares of Sears Canada to … [Read more...]

Sears to Sell Off All But 12% of Sears Canada Stake

Sears canada

Toronto and Hoffman Estates, IL—Hopefully in time to shore up its business prior to the holiday selling season, Sears Holdings … [Read more...]

Sears to Borrow $400 Million Following Ratings Downgrade

Chairman/CEO Edward Lampert

Hoffman Estates, IL—Sears Holdings is borrowing $400 million from an investment fund headed by the department store retailer’s … [Read more...]

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...]