Edward Lampert


Lender Stops Loans to Sears Vendors Again?

sears-storethumb

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...]

Sears Appoints New Merchandise Chief for its Sears, Kmart Stores

Sears Holdings

Hoffman Estates,IL—Sears Holdings announced today that Ron Boire will become executive vice president, chief merchandising officer … [Read more...]

Sears Holdings Q3 Loss Doubles, Sales Off in U.S.,Canada

2011 Sears Wishbook

Hoffmann Estates, IL—Sears Holdings posted today a third quarter loss nearly doubled from last year as sales declines at its … [Read more...]

Sears Q2 Loss Widens on Weak Sales, Promotions

Sears Holdings

Hoffmann Estates, IL--Sears Holdings reported today that second quarter loss widened larger than expected as weak sales and … [Read more...]

Bad Weather Impacts Sears Holdings Q1 Loss

Sears Kmart

Hoffman Estates, IL—Sears Holdings Corp. today blamed its larger-than-expected first quarter loss on cold, damp weather that … [Read more...]

Q4 Profits: Up at Target, Kohl’s, Limited; Down at Sears

Target Logo

Target Q4 Profit Rises 11% On Improved Sales, Credit Division Minneapolis—As Target reported today that its fiscal fourth-quarter … [Read more...]