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Sears files for bankruptcy, closing 142 stores, including this one in South Florida

Sears, the 125-year-old retailer that shaped American buying habits during much of the 20th century, filed for bankruptcy protection on Monday just ahead of the key Christmas shopping season. Sears Holdings Corp., which owns Sears and Kmart, filed for.....»»

Category: topSource: bizjournalsOct 15th, 2018

Sears files for bankruptcy, will close 142 stores — although local stores not affected

Sears, the 125-year-old retailer that shaped American buying habits during much of the 20th century, filed for bankruptcy protection on Monday just ahead of the key Christmas shopping season. Sears Holdings Corp., which owns Sears and Kmart, filed for.....»»

Category: topSource: bizjournalsOct 15th, 2018

Sears, a Onetime Retail Giant, Now Banks on Bankruptcy

Sears controlling shareholder Edward Lampert spent years keeping the retailer out of bankruptcy court. Now a $300 million lifeline and a speedy chapter 11 sale may be his best chance at keeping control of its remains......»»

Category: smallbizSource: wsjOct 15th, 2018

How Sears, once the world"s largest retailer, ended up in bankruptcy

Sears, once America's most iconic retailer, filed for Chapter 11 bankruptcy early Monday. The company says it will close 142 stores before the end of the year and its CEO, Eddie Lampert, will step down......»»

Category: topSource: moneycentralOct 15th, 2018

How Sears, once the world"s largest retailer, ended up in bankruptcy

Sears, once America's most iconic retailer, filed for Chapter 11 bankruptcy early Monday. The company says it will close 142 stores before the end of the year and its CEO, Eddie Lampert, will step down......»»

Category: topSource: moneycentralOct 15th, 2018

Edward Lampert, the Hedge-Fund Star Who Bet on Sears, Is Unrepentant

He made billions for investors in his ESL Investments fund by bucking naysayers. At the storied American retailer, which filed for bankruptcy this week, his instincts proved wrong......»»

Category: smallbizSource: wsjOct 17th, 2018

How the hedge fund manager running Sears cut his losses

Edward S. Lampert, who leads the struggling retailer, has taken control of valuable real estate and businesses......»»

Category: topSource: moneycentralOct 18th, 2018

Exclusive: Sears chairman Lampert seeks partner for bankruptcy financing - sources

Sears Holdings Corp Chairman Eddie Lampert is in discussions with at least one potential partner to contribute to a $300 million bankruptcy loan the U.S. retailer is seeking, people familiar with the matter said on Sunday......»»

Category: topSource: reutersOct 21st, 2018

Report: Sears chairman Lampert seeks partner for bankruptcy financing

Sears Holdings Corp (SHLD.O) Chairman Eddie Lampert is in discussions with at least one potential partner to contribute to a $300 million bankruptcy loan the U.S. retailer is seeking, people familiar with the matter said on Sunday......»»

Category: topSource: moneycentralOct 22nd, 2018

Sears bankruptcy financing takes a new twist

Sears Holdings Corp (SHLD.O) Chairman Eddie Lampert is in discussions with at least one potential partner to contribute to a $300 million bankruptcy loan the U.S. retailer is seeking, people familiar with the matter said on Sunday......»»

Category: topSource: moneycentralOct 22nd, 2018

Sears bankruptcy financing takes a new twist

Sears Holdings Corp (SHLD.O) Chairman Eddie Lampert is in discussions with at least one potential partner to contribute to a $300 million bankruptcy loan the U.S. retailer is seeking, people familiar with the matter said on Sunday......»»

Category: topSource: moneycentralOct 22nd, 2018

Sears Creditors Accuse Lampert Of Stealing $2.6 Billion

With bankrupt retailer Sears still struggling to find a bankruptcy financing package to allow it to continue operating (although Reuters reported that a l.....»»

Category: blogSource: zerohedgeNov 6th, 2018

Sears boss Eddie Lampert accused of possibly profiting from retailer's decline

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

Category: topSource: usatodayNov 6th, 2018

Sears chairman Eddie Lampert offers to buy Sears out of bankruptcy, including 500 stores

The chairman and largest investor in Sears Holdings is offering to buy the retailer out of bankruptcy, including 500 of it.....»»

Category: topSource: usatodayDec 6th, 2018

Sears Chairman Edward Lampert bids $4.6 billion to rescue iconic retailer from bankruptcy

The hedge fund run by Sears Chairman Edward L.....»»

Category: topSource: chicagotribuneDec 6th, 2018

Sears Home Improvement auction canceled due to lack of bids

A planned auction of Sears Holdings Inc.’s home improvement business unit has been canceled because the retailer didn’t receive any qualified bids other than an earlier offer by Service.com. The U.S. Bankruptcy Court of the Southern District of N.....»»

Category: topSource: bizjournalsDec 14th, 2018

Report surfaces that Sears gets bid to buy company out of bankruptcy from Lampert

Anyone who wants to buy Sears out of Chapter 11 bankruptcy needed to submit a bid Friday as the retailer announced plans to .....»»

Category: topSource: usatodayDec 28th, 2018

Sears gets $4.4 billion bid to buy company out of bankruptcy from Lampert

Anyone who wants to buy Sears out of Chapter 11 bankruptcy needed to submit a bid Friday as the retailer announced plans to .....»»

Category: topSource: usatodayDec 28th, 2018

Sears auction to go ahead on Jan. 14--WSJ, citing lawyer

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchJan 8th, 2019

Eddie Lampert sweetens Sears bid by $600 million ahead of an auction that will decide the company"s fate (SHLD)

Reuters Sears Chairman Eddie Lampert on Wednesday boosted his takeover bid to $5 bil.....»»

Category: topSource: businessinsiderJan 10th, 2019