Advertisements


Sears' controversial ex-chairman closes deal to buy the company, keeping 425 stores open

Sears' controversial ex-CEO has closed the deal to buy the beleaguered company for $5.2 billion. 425 Sears and Kmart stores wil.....»»

Category: topSource: usatodayFeb 11th, 2019

Sears bankruptcy boss defends proposed sale to controversial ex-CEO Eddie Lampert

The chief restructuring officer in charge of the Sears bankruptcy said Wednesday that the company's proposed sale to its controversial chairman and ex-CEO would be a better deal for creditors, workers and vendors than liquidation......»»

Category: topSource: moneycentralFeb 7th, 2019

Sears bankruptcy boss defends proposed sale to controversial ex-CEO Eddie Lampert

The person in charge of the Sears bankruptcy said Wednesday that the company's proposed sale to its chairman would be better than liqu.....»»

Category: topSource: usatodayFeb 6th, 2019

Sears makes case to judge for rescue deal with chairman Lampert

The once-mighty Sears department store chain took its fight for survival to a bankruptcy judge on Monday, arguing the proposed $5.2 billion sale to its chairman, Eddie Lampert, would help save 45,000 jobs and keep 425 stores open......»»

Category: topSource: reutersFeb 4th, 2019

Sears to Stay Open After Lampert Prevails in Bankruptcy Auction

Billionaire Edward Lampert won a bankruptcy auction for Sears, keeping the struggling department store chain from shutting all its remaining stores. His $5 billion offer beat a competing bid to liquidate the company......»»

Category: smallbizSource: wsjJan 17th, 2019

Sears survives bankruptcy auction and will keep 400 stores open

The company's chairman, Eddie Lampert, has won an auction to save the retailer from liquidation......»»

Category: topSource: washpostJan 16th, 2019

Sears files for bankruptcy as Lampert steps down as CEO

Sears, which has stores anchoring four Hawaii shopping malls, has filed for Chapter 11 bankruptcy protection with plans to keep hundreds of stores open for now under a deal reached with its lenders, while the retailer's Chairman Eddie Lampert has .....»»

Category: topSource: bizjournalsOct 15th, 2018

Sears closes in on a deal to stay alive until Christmas

Sears is nearing a bankruptcy deal that could keep it open through Christmas. It has roughly 900 stores and employs roughly 90,000 workers......»»

Category: topSource: moneycentralOct 12th, 2018

Sears closes in on a deal to stay alive until Christmas

Sears is nearing a bankruptcy deal that could keep it open through Christmas. It has roughly 900 stores and employs roughly 90,000 workers......»»

Category: topSource: moneycentralOct 12th, 2018

As Galaxy turns 10, Samsung to open three new stores across the US on Feb. 20

Samsung isn't just preparing to unveil new Galaxy phones next week. The company is also ope.....»»

Category: topSource: usatodayFeb 15th, 2019

Lampert reveals plans for Sears after bankruptcy: WSJ

Sears Holdings Corp will sell or sublease some of the 425 stores of the retail chain and open smaller stores with more focus on tools and appliances than on apparel, said Chairman Edward Lampert in an interview with the Wall Street Journal......»»

Category: topSource: reutersFeb 13th, 2019

Eddie Lampert"s deal to buy Sears granted approval, as retailer is given a second life

Sears Chairman Eddie Lampert's $5.2 billion deal to buy the retailer is expected to save 425 stores and roughly 45,000 jobs......»»

Category: realestateSource: cnbcFeb 7th, 2019

Sears will be back in court as fight over whether to sell to its former CEO rages on

A bid for Sears, that has pitted the company's controversial former CEO against its creditors and employees, headed back to court .....»»

Category: topSource: usatodayFeb 6th, 2019

Sears bid challenged by creditors who say chairman stripped company to enrich himself

Saying Sears Holdings chairman Eddie Lampert engaged in a years long "scheme'' to strip the company bare, creditors are challenging his bid to buy i.....»»

Category: topSource: usatodayJan 18th, 2019

Sears" unsecured creditors are objecting to Lampert deal

Sears' unsecured creditors filed an objection Thursday morning to Chairman Eddie Lampert's deal to save the company through his hedge fund, ESL Investments......»»

Category: topSource: moneycentralJan 17th, 2019

It's official: Sears chairman wins bid to buy company that owns Sears and Kmart

Sears Holdings confirmed Thursday that the hedge fund owned by its chairman has won the auction to purchase a shrunken ver.....»»

Category: topSource: usatodayJan 17th, 2019

Sears to stay open after Chairman Eddie Lampert wins bankruptcy auction

Sears will keep its doors open after almost shutting down and joining other fallen retail giants like Toys R Us and The Bon Ton Stores. Veuer's Sam Berman has the full story......»»

Category: topSource: moneycentralJan 16th, 2019

Sears to stay open after Eddie Lampert wins bankruptcy auction

Sears will keep its doors open after almost shutting down and joining other fallen retail giants like Toys R Us and The Bon Ton Stores. Veuer's Sam Berman has the full story.    .....»»

Category: topSource: usatodayJan 16th, 2019

Lampert wins Sears auction, more than 400 stores to remain open

Sears Holdings Corp. Chairman Eddie Lampert has won a bankruptcy auction for the beleaguered retailer in move that could keep hundreds of stores open. Lampert and his ESL Investments hedge fund won with a $5.2 billion bid for the bankrupt Hoffman Estates.....»»

Category: topSource: bizjournalsJan 16th, 2019

Sears Chairman Lampert wins auction, more than 400 stores to remain open

Sears Holdings Corp. Chairman Eddie Lampert has won a bankruptcy auction for the beleaguered retailer in move that could keep hundreds of stores open. Lampert and his ESL Investments hedge fund won with a $5.2 billion bid for the bankrupt Hoffman Estates.....»»

Category: topSource: bizjournalsJan 16th, 2019

$4.4 billion bid could keep Sears afloat

A $4.4 billion last-minute bid from a hedge fund run by Sears Chairman Eddie Lampert could keep the retailer afloat and keep about 425 stores open, the Washington Post reported.  The bid, made by Transform Holdco LLC, a division of ESL Investment.....»»

Category: topSource: bizjournalsDec 31st, 2018