Your browser is out-of-date!

Update your browser to view this website correctly. Update my browser now


CEO Eddie Lampert Loans Sears Another $100M

The approaching holiday season means it must be shore-up-Sears time, and right on cue chairman/CEO Eddie Lampert has loaned his ailing retail chain another $100 million, borrowed from affiliates of his ESL Investments hedge fund.

“Sears Holdings is getting another cash infusion from CEO Edward Lampert in the run-up to retail’s key holiday season.”

See the full story at the Chicago Tribune.