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

The day after Sears announced three new stores would open, the company made a move to reclaim full ownership of part of the company it spun off.....»»

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

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

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 .....»»

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

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......»»

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......»»

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

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......»»

Bed Bath & Beyond Inc. has closed all of its namesake stores until April 3, the company said. The BuyBuyBaby and Harmon Face Values stores will remain open. In total, 175 of the company's 1,500 stores will be in operati.....»»

The parent company of Fry's Food Stores is giving a bonus to all of its hourly workers who are keeping grocery stores open during the outbreak of the novel coronavirus. Fry's is a subsidiary of Cincinnati-based Kroger Co., the nation's largest gr.....»»

Kroger Co., the parent company of Pick 'n Save and Metro Market stores in the Milwaukee area, is giving a bonus to all of its hourly workers who are keeping stores open during the outbreak of the novel coronavirus. Kroger (NYSE: KR) announced Satur.....»»

The company will also be keeping the acquisition target's Fort Worth office space......»»

Nearly six months after exiting bankruptcy, Sears and Kmart's parent company announced 26 stores would close in late Octo.....»»

Former Sears Chairman and CEO Eddie Lampert released a letter Thursday saying that all employees laid off in the company's bankrupt.....»»

Less than two weeks after hundreds of Charlotte Russe stores closed, the retailer's website and social media accounts are promoting a co.....»»

Tesla Inc. is killing a controversial plan to close virtually all of its retail stores, saying it crunched the numbers and decided it was a bad idea. The company will keep about half of its existing stores open, Tesla said in a blog post on Sunday. â€.....»»

Kmart is struggling as its parent company, Sears Holdings, closes stores across America......»»

Kmart is struggling as its parent company, Sears Holdings, closes stores across America......»»

Monsanto (NYSE:MON) Chairman and CEO Hugh Grant has announced he will leave the company after Bayer's $62.5 billion acquisition closes. The deal is expected to be completed during the second quarter, and Grant will stay on until then to secure deal app.....»»