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

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.....»»

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......»»

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.....»»

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.....»»

Sears Holdings is inching closer to a deal with lenders about a bankruptcy plan that would close at least 150 stores and provide a lifeline loan to keep a small footprint of around 300 locations open.....»»

Sears Holdings Corp. filed early Monday for bankruptcy protection from creditors, marking the collapse of a company that dominated American retailing for much of the 20th century......»»

Eddie Lampert, who engineered the company's 2005 combination with Kmart and became CEO in 2013, may be all that stands between Sears and liquid.....»»

Prospective lenders to Sears Holdings Corp. have so far rejected Chairman Eddie Lampert’s appeals to help fund a loan and stave off liquidation. Now the company is trying new tactics to attract financing......»»

Sears Holdings chairman and largest investor Eddie Lampert may have profited from the company's collapse into bankruptcy, a creditors group a.....»»

Eddie Lampert wants to buy 500 stores. Eddie Lampert, the chairman and former CEO of Sears (who some blame for the retailer’s current fina.....»»

As Sears Holdings' bankruptcy effort awaits a potential bidder, the company announced 80 more Kmart and Sears stores it will close within two m.....»»

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.....»»

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.....»»

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.....»»

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.    .....»»

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......»»

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

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

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.....»»

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