Billionaire Eddie Lampert’s bid to sell Sears Canada looks like a bust — and that’s bad news for Sears at home. An auction of a majority stake in the Canadian retailer failed to attract any acceptable ...
FILE PHOTO: A dismantled sign sits leaning outside a Sears department store one day after it closed as part of multiple store closures by Sears Holdings Corp in the United States in Nanuet, New York, ...
(CNN) -- Sears has a lifeline. The big question is how long will it last. Sears chairman Eddie Lampert reached an 11th-hour agreement Tuesday to make changes to his hedge fund's bid to buy the company ...
Sears Holdings (NASDAQ: SHLD) is putting a bunch of its stores on the auction block. In a bid to reduce its size, increase its liquidity, and, hopefully, one day, return to profitability, the old-line ...
Sears Holdings Corp. is selling off 16 of its Sears department stores—including the one at Castleton Square mall—but the retailer says the locations will remain open after the sale. The Castleton ...
Sears Chairman Edward Lampert appears to have pulled off his bid to rescue the bankrupt retailer from liquidation. It’s good news for employees at the stores that could remain in business and for ...
Sears Chairman Edward Lampert has won a bankruptcy auction for the company with a plan that will keep the retailer in business and potentially save tens of thousands of jobs, according to a person ...
Sears Holdings could escape its brush with annihilation after the retailer's chairman and largest investor prevailed in an auction for a shrunken version of the company. The owner of the Sears and ...
Sears – the iconic retail chain that was forced into bankruptcy in October – avoided a total shutdown after billionaire Eddie Lampert, the company’s chairman and largest shareholder, won a bankruptcy ...
FILE PHOTO: A store closing sale sign is posted next to a Sears logo in New Hyde Park, New York, U.S., October 10, 2018. REUTERS/Shannon Stapleton/File Photo (Reuters) - Sears Holdings Corp (SHLDQ.PK) ...
At some point, the retailer will have burned all the furniture to heat the house. The properties being offered are mostly located in shopping malls and are being advertised as sale/lease-back deals, ...
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