twice connect


Sears’ Eddie Lampert Says Media Is Hindering Turnaround

Complains of tightened credit terms by vendors 5/11/2017 10:30:00 AM Eastern

Sears Holdings chairman, CEO and chief investor Eddie Lampert told the Chicago Tribune that undue press reports of a possible bankruptcy are diverting attention from his turnaround efforts.

In a rare interview on the eve of yesterday's shareholders meeting, Lampert also listed his accomplishments, complained of excessive credit scrutiny from vendors, and acknowledged the challenges that Sears and other retailers are facing.

You can read the Q&A here.

Want to read more stories like this?
Get our Free Newsletter Here!

Curated By Logo