Edward Lampert


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

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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...]

Sears Estimates Better-Than-Expected Q1 Report

Ad for Sears' Kardashian Kollection. The retailer reports an upswing in apparel/accessories sales.

Hoffman Estates, IL—Providing a glimpse into its upcoming first quarter results, Sears Holdings said today that comparable store … [Read more...]

JCPenney to Cut 900 Jobs, to Operate “Like a Start-up”

Attention Getter: Ron Johnson, JCPenney's CEO

Plano, TX—Saying that “companies must streamline in order to leap forward,” Ron Johnson, JCPenney’s ceo, said Thursday that the … [Read more...]

Sears to Sell Off Lands’ End?

Summer at Land's End

Dodgeville, WI—Does Edward Lampert, chairman at Sears Holdings Inc., plan to sell off Land’s' End as part of the company’s efforts … [Read more...]

Sears to Raise $1 Billion by Selling Divisions, Stores

Sears Holdings

Hoffman Estates, IL—In the wake of its fourth quarter loss of more than $2.4 billion, Sears Holdings said today it hopes to raise … [Read more...]

Lender Stops Loans to Sears Vendors Again?

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New York—Once again, CIT Group Inc., one of the biggest factoring services, reportedly has decided to stop extending credit … [Read more...]

Despite Difficulties at Retail, Sears Stock Soars

Sears

Hoffman Estates, IL—Sears Holdings announced Wednesday that its 2012 annual stockholders meeting would be held on May 2, a date … [Read more...]

Sears Holdings to Go Private?

Sears Holdings

Hoffman Estates, IL—Shares of Sears Holding rose more than 9% today in early trading as speculation continues that Edward Lampert, … [Read more...]

Sears Holdings Downplays Cut in Supplier Loans

Sears Kmart

Hoffman Estates,IL—Sears Holdings moved to do some damage control  surrounding a report that CIT Group, one of the biggest … [Read more...]