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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' Eddie Lampert looks to regain full ownership of Sears Hometown and Outlet Stores

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.....»»

Category: topSource: usatodayApr 8th, 2019

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

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 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 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 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 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 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 and Kmart store closings list: 21 Sears and 5 Kmart locations to close in October

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

Category: topSource: usatodayAug 7th, 2019

Ex-Sears CEO fires back at Elizabeth Warren and AOC, says severance has already been paid

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

Category: topSource: usatodayJun 13th, 2019

Is Charlotte Russe already making a comeback? New company hints it will re-open 100 stores

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

Category: topSource: usatodayApr 13th, 2019

Tesla reverses plan to close all stores, will raise the price of higher-end cars

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€.....»»

Category: topSource: bizjournalsMar 12th, 2019

This shows why Kmart is in danger of shutting down

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

Category: topSource: moneycentralApr 11th, 2018

A visit to a Kmart store shows why the company is in danger of shutting down

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

Category: topSource: moneycentralApr 11th, 2018

Grant, other executives to leave Monsanto after Bayer acquisition closes

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.....»»

Category: topSource: bizjournalsMay 7th, 2018

Starbucks has had a busy May: Philadelphia response, open bathrooms, Nestlé deal, and Schultz challenging businesses to ‘rise above’

Starbucks has had a busy month so far following the arrest of two black men at a Philadelphia Starbucks and the release of the coffee company's second quarter results. The company will close all its stores on the afternoon of May 29 to train all o.....»»

Category: topSource: bizjournalsMay 14th, 2018

Lachlan Murdoch to Lead "New" Fox If Disney Deal Closes

If the $52.4 billion deal for Walt Disney Co. to buy the bulk of 21st Century Fox, including its TV and film studio, closes, Lachlan Murdoch will serve as chairman and chief executive of the remaining new Fox company......»»

Category: smallbizSource: wsjMay 16th, 2018

Sears expands tire services deal with Amazon

Sears is expanding the list of stores where customers can get their vehicles serviced with tires purchased on Amazon. The retailer's auto division announced a de.....»»

Category: topSource: usatodayJun 12th, 2018

Target's new strategy is paying off big time - CNNMoney

CNNMoneyTarget's new strategy is paying off big timeCNNMoneyThe company on Wednesday reported that sales at stores open for at least a year increased 6.5%, the fastest pace since 2005. Content by MyFinance. An Insane Card Offe.....»»

Category: topSource: googlenewsAug 22nd, 2018