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Sears CEO Eddie Lampert has blamed the company's decline on the media, shifts in consumer spending, and the rise of e-commerce, among other reasons. Sears has filed for Chapter 11 bankruptcy Skip ...
The holiday shopping season was a bust, and Sears' CEO, hedge fund manager-cum-retail store owner Edward Lampert, announced the closing of 120 Sears stores. Soon after, CIT Group said it wouldn't ...
Over the last two years, CEO Eddie Lampert and his hedge fund have loaned Sears close to $2 billion to keep the business in operation, Sears' CEO just gave the company another $100M lifeline Skip ...
The newly reopened Burbank location, which initially closed one year ago, likely didn’t look so different from a typical Sears store in 2005, when hedge fund operator Eddie Lampert bought ...
Talk of Sears’ demise may be premature: just two months ago, a previously shuttered Sears in Burbank, California, quietly turned the lights back on. Two weeks after that, another reopened in ...
Sears and Kmart parent corporation Sears Holdings announced Monday that company CEO Louis D'Ambrosio will relinquish his position at the end of the company's fiscal year on Feb. 2 due to "family ...
Sears will sell or sublease some of the 425 stores of the retail chain and ... said Chairman Edward Lampert in an interview with the Wall Street Journal. ... Lampert, who stepped down as CEO of ...
Sears laid off 130 employees at its corporate offices on Thursday as the company struggles to stay afloat following a dismal holiday quarter. Here's the email Sears' CEO just sent to the company ...