Displaying 10 out of 17 results

  1. FILE PHOTO: A dismantled sign sits leaning outside a Sears department store in Nanuet

    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 ...
  2. FILE PHOTO: A store closing sale sign is posted next to a Sears logo in New Hyde Park, New York

    Sears chairman Lampert wins bankruptcy auction for retailer with US$5.2 billion bid

    Sears Holdings Corp said on Thursday its chairman Eddie Lampert won a bankruptcy auction for the U.S. department store chain with an improved ...
  3. FILE PHOTO: Sears headquarters in Hoffman Estates Illinois.

    Sears chairman's takeover proposal faces moment of truth

    Negotiations between Sears Holdings Corp Chairman Eddie Lampert and the bankrupt U.S. department store operator approached a resolution late on ...
  4. Workers remove a sign from the outside of a Sears department store in Nanuet

    Sears agrees to consider revised Lampert bid

    Sears Holdings Corp will ask a bankruptcy judge on Tuesday if it can proceed with liquidation after it could not reach an agreement on Chairman ...
  5. FILE PHOTO: The Sears logo is seen outside a store in Brooklyn, New York

    Sears to take US$443 million in charges arising from store closures

    Bankrupt U.S. retailer Sears Holdings Corp will take a charge of about US$443 million arising from store closures, a regulatory filing showed on ...
  6. FILE PHOTO: The Sears logo is seen outside a store in Brooklyn, New York

    Sears Chairman Lampert makes US$4.6 billion bid for bankrupt retailer

    Sears Holdings Corp Chairman Eddie Lampert's ESL Partners LP has submitted a US$4.6 billion bid to buy the bankrupt retailer, the hedge fund said ...
  7. FILE PHOTO: The Sears logo is seen outside a store in Brooklyn, New York

    Sears secures court approval for additional US$350 million loan

    Sears Holdings Corp won court approval on Tuesday for a new deal clinching US$350 million in critical bankruptcy financing that will keep the ...
  8. FILE PHOTO: A woman pushes a pushchair past the the Sears department store at Fair Oaks Mall in Fai

    Exclusive: Sears nears bankruptcy financing deal without Lampert's hedge fund - sources

    Sears Holdings Corp is nearing a deal with new lenders to increase a bankruptcy financing package to as much as US$600 million from US$300 ...
  9. A derelict Sears store is seen in Santa Monica

    Sears directors tap Evercore to examine former CEO Lampert's deals -sources

    Two Sears Holdings Corp board directors have hired investment bank Evercore Inc to scrutinize deals that were led by former Sears Chief ...