Kmart
Sears Shares Rise on Q4 Results; Operations Still an Issue
Comps were down at both nameplates in multiple merchandising categories.
Sears Posts Q4 Loss That Bested Wall Street’s Estimates
The company pledged assets to satisfy pension obligations.
Credit Analysts Say Sears’ Long-Term Issues Remain a Concern
Sears has $4.6B of funded debt, and unfunded pension and post-retirement obligations of $2B.
Sears Holdings Targets $1B Cost Savings; Q4 Loss Widens
The company also updated Q4 guidance.
Sears Cash Burn Rate Could Rise $200M to Hit $1.8B in 2017
EBITDA could be a negative $950 million to $1 billion in 2016 and 2017, Fitch said.
The Limited Calls It Quits: Shutters All 250 Stores
Yet another mall-based chain succumbs to the harsh realities of changing consumer preferences.
Sears to Close More Stores; Gets Financial Help From ESL
There's concern that late next summer could be a critical time period for the retailer.
Sears Secures Credit, Preps Store Closures
2016 is ending on what has become a familiar note for Sears. As it prepares to close more stores, the…
Eddie Lampert Slams Reports of Kmart’s Demise
Sears Holdings chief executive Eddie Lampert has dismissed recent reports suggesting Kmart will soon shutter…
Edward Lampert Standing by Ailing Kmart
The ceo and chairman of Sears Holdings said he remains committed to Kmart and the company's transformation.
More Kmart Closures on the Way This Year
Five months after Sears Holdings said it would shut 68 Kmart stores, more closures are coming.
Moody’s Says Sears Needs to Borrow More Money to Stay in Business
Sears Holdings recently received a $300 million loan from CEO Eddie Lampert's hedge fund, but Moody's says…
Sears Still Sinking, But Burlington Revenues Rise in Q2
Sears Holdings is, at this point, postponing the inevitable.
Sears Tries to Thwart Rumors That Kmart Stores Are Closing
Rumor has it that Kmart is coming to the end of its long and trying road, though Sears says otherwise.
<b>Kmart</b> Launches New Sport Shoe & Athleisure Brand
Kmart is hoping to get a piece of the profitable athletic footwear pie with the launch of a new athleisure…