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Sears

Fitch Sees Digital Driving Half of Retail Sales

The ratings agency projects sales growth of 3 to 4 percent next year.

L.A. City Attorney Sues Macy’s, J.C. Penney, Kohl’s and Sears Alleging False Reference Pricing

Los Angeles City Attorney sues Macy's, J.C. Penney, Kohl's and Sears, alleging false reference pricing to…

Sears Cash Dwindles as Losses Grow

Availability under the credit facility is $174 million, although there's still availability under its Second…

Sears’ Losses Spiral in Q3, Many More Stores to Close

If Sears is dying a slow death, it isn't going down without a fight.

Sears Widens Q3 Loss, But Adjusted EPS Beats Consensus Estimate

The company said declines in gross margin performance in apparel hurt its gross margin rate for the quarter.

Credit Analysts Expect Sears to Post Q3 Loss

Without support from factors and insurance, vendors take on risk if they want to sell to Sears.

Mnuchin, Trump’s Treasury Secretary Pick, Steps Down From Sears, CIT Boards

Steven T. Mnuchin joined the Sears board in March 2005, and the CIT board in August 2015.

Fairholme Capital Sticking With Investment in Sears

The fund owns 26 percent of Sears' common stock.

Sears’ Cash Burn Rate Estimated for 2016

Sears has injected $10 billion in liquidity from 2012 to 2015 to fund operations.

Stocks Tread Water Waiting for Fed Minutes

Stocks are treading water waiting on this afternoon's release of Fed minutes to get some indication on an…

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.

Fitch: Sears Could File for Bankruptcy by 2018

As the retail industry waits for Sears Holdings to finally stick a fork in its operations, one major…

Stocks Higher as Ascena Tumbles

Stocks are rising as Ascena plunges on poor traffic that caused the retailer to miss its earnings…

More Kmart Closures on the Way This Year

Five months after Sears Holdings said it would shut 68 Kmart stores, more closures are coming.