Tag Archives: Sears

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[ad_1] If only Eddie Lampert had invented the iPhone. After all, any business in decline can recover and generate huge profits simply by offering a new product that customers find irresistible. In …

[ad_1] The primary owner of Sears (SHLD) was hedge fund manager Eddie Lampert. His ESL Investments was a controlling stakeholder in Kmart following its own bankruptcy in 2003 and then merged it …

[ad_1] Now that Sears is bankrupt after 132 years of business, nostalgic journalists and shoppers are plotting the history of the department store, retracing its splendid climb and its equally remarkable retreat. …

[ad_1] The only unanswered question from Loop is the liquidation of Sears. Chukumba said the company believed the only thing that would prevent Sears from winding up "is the extended financing term …

[ad_1] According to experts, the many roles held by Sears Holding Corp. chief Eddie Lampert at this iconic retailer could lead to legal action now that he has gone bankrupt. Under Chapter …

[ad_1] Creative destruction. The economist Joseph Schumpeter coined the term to refer to the process of mutual elimination of businesses as they evolve. Today, no company represents this evolution better than Sears …

[ad_1] (Reuters) – When Sears Holdings Corp (SHLD.O) filed for bankruptcy under Chapter 11 on Monday, announced the closure of 142 other unprofitable Sears and Kmart sites and the reorganization of its …

[ad_1] To appreciate the rise and fall of Sears, the supermarket giant who filed for bankruptcy Monday, is considering a 19th century pocket watch. For most modern buyers, a pocket watch is …

[ad_1] (Reuters) – A bankruptcy judge on Monday approved $ 300 million in funding to keep the Sears Holdings Corp chain of stores open during the holiday season, giving the century-old retailer …