Edward Lampert


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...]

Sears Bows New Celebrity Branding Unit with Nicki Minaj, Adam Levine

Publicity shot for Nicki Minaj's 2013 MAC VIVA GLAM lipstick line. Her fashion line is scheduled to premiere at Shop Your Way and Kmart stores.

Hoffman Estates, IL—Sears Holdings, parent to Sears and Kmart, is hoping some headliners made headlines to help its bottom line. … [Read more...]

Sears Holdings Q4 Loss Narrows, But “Much Work to Be Done”

Sears

Hoffman Estates, IL—Sears Holdings Corp. reported today a narrowed fourth quarter loss, helped by lower expenses and sales … [Read more...]

Lampert Spends $13 Million on More Sears Holdings Shares

Edward Lampert

Chicago—In a move that apparently reassured investors over his Sears Holdings Corp., Edward Lampert, the company’s chairman and … [Read more...]

CEO Changes at Sears Holdings, Wet Seal, Delia’s

Edward Lampert

Sears Holdings Chairman Lampert to Take on CEO DutiesHoffman Estates, IL—Edward Lampert, the controversial hedge-fund … [Read more...]

S&P 500-Stock Index Delists Sears

sears-storethumb

New York—Sears Holdings Corp. found itself removed from yet another list: the Standard & Poor’s 500-stock index which the … [Read more...]

Q2 Good News, Bad News for Sears?

Sears

Hoffman Estates, IL--Sears Holdings Corp. today reported that it narrowed its second quarter loss despite continued sales declines … [Read more...]

Sears Execs Talk Tech to Reassure Shareholders

Sears Holdings

Hoffman Estates, IL—Can a high-tech shopping rewards program help buoy the bottom line at beleaguered Sears?That’s what some … [Read more...]