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Edward Lampert

Kmart Exits Manhattan as Astor Place Store Closes Up Shop

The slow demise of the former Sears Holdings Corp. continues with under 25 Kmart stores and around 35 Sears…

Here’s What Lampert’s $200 Million DieHard Sale Means for Sears

With the sale of DieHard, Sears now has fewer valuable assets to sell, raising questions about the retailer's…

Sears Holdings v. Lampert’s New Sears: Round Two on Insolvency

Old Sears versus New Sears and Edward S. Lampert are fighting another battle in bankruptcy court and, of…

Eddie Lampert to Stay on as Sears CEO Until 2018

Eddie Lampert, the much maligned majority shareholder, chairman and chief executive of Sears Holding Corp.…

Sears to Focus More on Members, Less on Stores

Fiscal 2014 was chock full of what outsiders may have called desperate measures, but Eddie Lampert refers to…

Sears to Raise $2.5 Billion by Selling Stores

Sears Holdings Corp. announced Wednesday that it expects to raise more than $2.5 billion through the sale of…

Edward Lampert Talks Sears Store Closures, Plans for Future

Money will be the means for Sears to carry out its "transformation" and the retailer will get it by all means…

Sears Seeks More Cash From CEO

In yet another effort to drum up cash, Sears Holdings said it would raise as much as $625 million through a…

Primark Plans to Come to US Via 7 Sears Stores

European retailer Primark is coming to America with retail space in seven Sears stores slated to start…

Sears to Sell Most of Canadian Stake to Raise $380 Million

Sears Holdings Corp. announced Thursday that it would sell off most of its stake in Sears Canada, which is…

Eddie Lampert Loans Sears $400 Million

Sears Holdings Corp. will get a $400 million secured short term loan from the hedge fund of its CEO and…

Sears Names Alasdair James Kmart President

Sears Holdings named Alasdair James president and chief member officer for its Kmart business. James will be…

Sears Sees Wider Q1 Losses as Sales Decline

Sears Holdings Corporation posted wider losses in its first quarter, according to company financials released…

Former Sears Exec Gives 5 Reasons the Retailer Should Liquidate ASAP

Sears has been floundering for some time and no effort to revamp its business has yet been beneficial enough…

Sears to Close More Stores and Cut Back on Apparel

Sears has been trying tirelessly to revamp its business, and the retailer’s latest plan for returning to…