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Eddie Lampert

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Sears Trimming HQ Staff

Sears Holdings is eliminating about 220 corporate posts, with the majority coming out of its Hoffman Estates, Ill., headquarters.

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Sears Cutting 400 HQ Jobs

Sears said it will eliminate about 400 corporate positions as part of a $1.25 billion cost-cutting program. The headcount reduction mostly affects full-time employees...

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Sears’ Q1 Sales Tumble 20%

Sears Holdings said fiscal first-quarter revenue fell 20 percent in a vicious cycle of store closings and sales declines. The closings, which number 347...

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Lampert Loans Sears $400M

Hoffman Estates, Ill. – Sears Holdings chairman/CEO Edward Lampert is lending the company $400 million for “general corporate purposes.” The short-term loan is provided...

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