Edward Lampert


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?

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...]