Tag archive for ‘Eddie Lampert’
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...

News On Saturday, February 27th, 2016

As losses grow, SEARS names outside investor Bruce Berkowitz to board

  Feb 25 Sears Holdings Corp appointed its largest outside investor Bruce Berkowitz to the board on Thursday after he signaled he wanted to play a more active role in trying to turn the loss-making retailer More...

News Brief On Tuesday, June 23rd, 2015

Sears, Walmart to stop selling Confederate flag merchandise

  Eddie Lampert‘s Sears Holdings Corporation, which operates Sears and Kmart said it would remove confederate flag merchandise sold by third-party vendors online. It does not currently sell confederate More...

Why Jews are Among the Best Hedge Fund Managers? David Tepper, George Soros, Leon Cooperman and More

Jews are well-known for being entrepreneurs, traders and business-people who beat the odds. Out of the best 25 money managers since the advent of American Capitalism, 17 are Jewish! It is something that More...

Reuters On Wednesday, December 24th, 2014

Sears says online chief resigns, key member of management team

– The head of Sears Holdings Corp‘s online operations and a key member of Chief Executive Eddie Lampert‘s management team has resigned and will leave the company in February to pursue a new More...

Vered Weiss On Monday, December 8th, 2014

Sears, 3 Other Retailers, Suffering From Holiday Depression

Retail has always been a tough industry, but with ecommerce, price slashing promotions and competition, the waters are rough for many once successful companies, according to News telegram.com. Sears More...

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...

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 More...

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...

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 More...

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