Displaying 10 out of 4 results

  1. FILE PHOTO: Shoppers look for Black Friday sale items at a Sears store in Cutler Bay

    Exclusive: Sears exploring sale of home improvement business

    Sears is exploring a sale of its home improvement business following interest from potential suitors such as private equity firms, people familiar ...
  2. The Sears store is pictured during Black Friday sales in Cutler Bay

    Exclusive: Sears snags new financial lifeline as losses continue - sources

    U.S. department store operator Sears has reached a deal for a fresh financial lifeline totaling roughly US$100 million from hedge fund Brigade ...
  3. Workers remove a sign from the outside of a Sears department store in Nanuet

    Sears says it has secured a US$250 million lifeline, will close 96 stores

    Sears told Reuters on Thursday it had won a US$250 million lifeline from lenders that include billionaire owner Eddie Lampert, and will close ...
  4. FILE PHOTO: Dismantled sign sits leaning outside a Sears department store in Nanuet

    Exclusive: Lampert helps bankroll Sears as woes persist after bankruptcy - sources

    U.S. retailer Sears has borrowed about US$150 million from lenders, including its billionaire owner Eddie Lampert, as it racks up losses less than ...