Retail
Sears’ Losses Double As Store Closings Mount
But investors see comp-sale improvements as a sign of hope.
Edward Lampert
Keeping Current
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...
news
Lampert Lending Sears More Cash
Sears Holdings chairman, CEO and majority shareholder Eddie Lampert is ponying up another $200 million to keep his company going. The cash comes in...
news
CEO Eddie Lampert Looks To Ease Sears Fears
Sears Holdings chairman/CEO and majority shareholder Eddie Lampert took to the bully pulpit that is his corporate website yesterday to assure the financial and...
Financial
Sears’ Electronics, Appliance Sales Slump In Q2
Sears’ venerable appliance business took another hit this season, while the retailer continued to distance itself from CE. Parent company Sears Holdings said comps...
Financial
Sears’ Sales Fall Amid Digital Divergence
Hoffman Estates, Ill. – Sears Holdings’ same-store sales continued to decline during its fiscal second quarter, as chairman, CEO and chief investor Eddie Lampert...
Financial
Sears Holdings Narrows Q1 Losses
Hoffman Estates, Ill. – Sears Holdings reported a $303 million loss for its fiscal first quarter ended May 2, compared to a year-ago loss...
Blogs
Sears’ Lampert Lays It On The Line
Sears chairman/CEO Edward Lampert brought investors up to speed on the company’s progress and strategies this morning in one of his intermittent and revealing...
news
Sears’ Lampert Explains Store Closures
Hoffman Estates, Ill. — In one of his periodic essays, Sears chairman/CEO Eddie Lampert explained his rationale for shutting over 200 stores this year....
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