Search Results for: Eddie Lampert

By Vered Weiss On Thursday, October 23rd, 2014

Eddie Lampert Gives Sears Another Cash Infusion

An iconic brand that seems like it is on its last legs is going to get a cash infusion by its CEO Eddie Lampert to raise liquidity ahead of the holiday season, as reported by CFO. Lampert’s hedge fund ESL More...

By Tibi Singer On Tuesday, October 21st, 2014

CEO Eddie Lampert Bailing Out Sears Yet Again, Calming Suppliers in Holiday Season

Sears Holdings Corp (SHLD.O) will raise $625 million through an unsecured loan and equity warrants—its third fundraising in a month—in an attempt to calm suppliers’ anxiety going into the holiday season, More...

By Vered Weiss On Sunday, September 21st, 2014

Bruce Berkowitz May Help Eddie Lampert Bail Out Sears

–   Sears Holdings (SHLD) has certainly seen better days, and now the lagging company needs to be propped up with a short-term loan from CEO Eddie Lampert’s ESL Investments. Bruce Berkowitz of More...

By Vered Weiss On Wednesday, September 17th, 2014

Eddie Lampert Attempts to Save Sears with Cash Infusion

According to Fitch, which gave Sears Holdings a CC rating recently, stated the company had a high probability of default, the classic retailer may be on its last legs and isn’t likely to be around in More...

By Vered Weiss On Friday, August 22nd, 2014

Eddie Lampert Continues to See Searing Results for his Troubled Retailer

Sears CEO Eddie Lampert doesn’t seem to have much luck in the U.S. or Canada. The iconic retailer has been ailing the past few years in both countries. Sears Canada reported its ninth loss in 14 quarters More...

By Clive Minchom On Thursday, April 24th, 2014

Eddie Lampert’s Sears Tries To Improve Sales Woes With New Customer Service App

– Sears looks to external customer service programs to improve its sales, rather than updating its stores. – – Sears has been suffering from declining sales for the last ten years.  News reports More...

By Vered Weiss On Monday, November 10th, 2014

Sears Is Getting Seared As Lampert Sells His Company to Himself

  Sears Holdings (SHLD) shares rose 31% on Friday, and at first glance, one might think that is an indication that the stock  is in recovery mode. However, the stock flew up on news that CEO Eddie More...

By Clive Minchom On Saturday, December 7th, 2013

Edward Lampert’s Sears Holdings Spinning Off Lands’ End Clothing Unit

–    Edward Lampert / Getty – Sears Holdings Corporation announced yesterday that it had filed a registration statement with the Securities and Exchange Commission (SEC) for the spin-off of its Lands’ More...

By Albert Hecht On Tuesday, November 26th, 2013

Edward Lampert’s Plan To Re-Organize Sears Begins To Take Shape

– Lampert had his work cut out to turn the ailing department chain’s fortunes around when he took over the post of CEO earlier this year – now the buck stops with him. – Edward S. “Eddie” More...

By Shai Genish On Monday, October 15th, 2018

Sears, The Retail Giant That Changed America, Declares Bankruptcy

Sears, the chain that changed the retail industry in America, has filed for Chapter 11 bankruptcy protection just after midnight early hours of Monday, ahead of the crucial holiday shopping season, The 132-year-old More...

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