Tag archive for ‘Sears’
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...

Jewish Business News On Wednesday, July 1st, 2015

The Worst Companies To Work For

– – 24/7Wall St has released its list of the 12 worst companies to work for. 12 — CVS Health 11 — Computer Sciences Corporation 10 — Dollar General 9 — Ross Stores 8 — 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...

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...

Reuters On Thursday, December 4th, 2014

Sears reports smaller-than-estimated quarterly loss

–   Sears Holdings Corp reported a quarterly net loss of $548 million, less than it had estimated last month, as the struggling retailer cuts costs after years of sluggish sales. Sears had said More...

Vered Weiss On Sunday, November 30th, 2014

Black Friday’s Robust Sales Perk Up Retail Sector

Retail’s annual event, Black Friday, got off to a bang, and may indicate consumer confidence  could drive up sales to the end of 2014, according to CNBC. Macy’s CEO Terry Lundgren sounded 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...

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