SEARS

SEARS

Displaying 10 out of 17 results

  1. Workers remove a sign from the outside of a Sears department store in Nanuet
    Business

    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 ...
  2. FILE PHOTO: Dismantled sign sits leaning outside a Sears department store in Nanuet
    Business

    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 ...
  3. A dismantled sign sits leaning outside a Sears department store in Nanuet
    Business

    Sears sues Lampert, claiming he looted assets and drove it into bankruptcy

    Sears Holdings Corp sued longtime Chairman Eddie Lampert, his hedge fund ESL Investments, and former directors including Treasury Secretary Steven ...
  4. Craftsman brand products for sale at a Sears store in La Jolla, California
    Business

    Sears is sued over 'Craftsman' brand

    Sears is back into court, less than one month after emerging from bankruptcy protection.
  5. People wait in line to shop at Best Buy on during a sales event on Thanksgiving day in Westbury, Ne
    Business

    How US retailers turn their bane into boon with 'click and collect'

    As retail casualties such as Sears or Toys 'R' Us kept piling up, costly real estate often got the blame for traditional retailers' struggle to ...
  6. FILE PHOTO: A dismantled sign sits leaning outside a Sears department store in Nanuet
    Business

    Lampert reveals plans for Sears after bankruptcy: WSJ

    Sears Holdings Corp will sell or sublease some of the 425 stores of the retail chain and open smaller stores with more focus on tools and ...
  7. FILE PHOTO: A dismantled sign sits leaning outside a Sears department store in Nanuet
    Business

    US bankruptcy judge approves sale of Sears to Chairman Lampert

    A U.S. bankruptcy judge on Thursday approved Sears Holdings Corp Chairman Edward Lampert's US$5.2 billion takeover of the beleaguered retailer, ...
  8. FILE PHOTO: A dismantled sign sits leaning outside a Sears department store in Nanuet
    Business

    US agency seeks approval to take over Sears pensions

    A U.S. agency that insures worker pensions sought permission on Friday to take over two underfunded Sears Holdings Corp pension plans, after ...
  9. FILE PHOTO: A dismantled sign sits leaning outside a Sears department store in Nanuet
    Business

    'Fill or kill': the three weeks that saved Sears

    The future of Sears Holdings Corp and tens of thousands of its employees across the United States hung in the balance in the freezing pre dawn ...
  10. FILE PHOTO: A store closing sale sign is posted next to a Sears logo in New Hyde Park, New York
    Business

    PBGC steps in to oversee Sears' two pension plans

    Pension Benefit Guaranty Corp (PBGC) is taking steps to assume responsibility for bankrupt retailer Sears Holdings Corp's two pension plans, ...