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Sears Holdings

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 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…

Kmart Announces More Store Closures in Cost-Cutting Effort

Kmart will close five stores across Michigan by early December, including two in the Metro Detroit area.

Sears’ Stock Slips on News of Lampert Loan

Eddie Lampert's $400 million loan to Sears Holdings may have been intended to sustain general business, but…

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 Gets Credit Downgrade, Fitch Says Cash May Not Carry Retailer Through 2016

Ailing Sears has been battling to stay afloat, but credit ratings agency Fitch Ratings doesn't think the…

Sears Names Alasdair James Kmart President

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

Sears Holdings Names Ex Dell Exec William Hutchinson to Lead Supply Chain Business Unit

Sears Holdings announced Monday that William Hutchinson, formerly vice president of global fulfillment and…

Sears Canada to Eliminate 1,628 Jobs in Outsourcing Initiative

Sears Canada Inc. has entered into an agreement to outsource work at three of its Sears Customer Contact…

Struggling Retailers Propped Up by Easy Money

Troubled retailers are borrowing from risk-taking lenders, promising higher returns as some big retail chains…

Sears Holdings Establishes New Business Unit Focused on Entertainment-Driven Fashion Brands

Sears Holdings announced the creation of a new business unit called SHOP YOUR WAY Brands, focused exclusively…