Sears Posts $454 Million Third-Quarter Loss as Sales Slump

  Sears Holdings Corporation,   the retailer chain store, run by hedge-fund manager Edward Lampert, posted a $454 million third-quarter loss as its shrinking store base hurt sales. Illinois-based More...

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...