Tag Archives: Sears

[ad_1] The hedge fund headed by Sears chief executive officer Edward Lampert has issued his strongest warning to date: the retailer must immediately take steps to recover, calling on the company to …

[ad_1] In the last six months, Sears Holdings (NASDAQ: SHLD) CEO Eddie Lampert – who is also the company's largest shareholder and largest creditor via its ESL Investments hedge fund – has …

[ad_1] NEW YORK – Time is running out for Sears, the retailer's largest investor and general manager, Monday. Edward Lampert, who is both the owner of Sears' C.E.O. and its most influential …

[ad_1] In the proposal, Lampert asked the Sears board of directors to sell about $ 1.75 billion of assets, which would reduce the retailer's total debt by nearly 80% to $ 1.24 …

[ad_1] In this 2012 archive photo, customers enter Sears in Peabody, Massachusetts. (Elise Amendola / Associated Press) Copyright by WRIC – All rights reserved In this 2012 archive photo, customers enter Sears …

[ad_1] While Sears Holdings (NASDAQ: SHLD) announced a new quarterly loss and promised a new round of unprofitable store closures a few days ago, it was an article by CEO Eddie Lampert …

[ad_1] E-commerce is often blamed on the ills of brick and mortar retailers. But on Thursday, Sears CEO Eddie Lampert accused the company's retirees, particularly pension payments, of emptying corporate coffers. The …

[ad_1] The latest news from Sears was barely waiting. Sears Holdings, which owns the Sears and Kmart brands, announced another huge loss in the second quarter: $ 508 million, about twice as …

[ad_1] Still, total sales declined by more than 25% in the second quarter, with Sears continuing to suffer from lower traffic in its US shopping mall stores. store closures "once again contributed …

[ad_1] A California pediatrician was placed on probation for 35 months by the state medical board for writing four years ago a set of letters that exempted a toddler from any childhood …