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Sears Holdings also provides certain logistics, warehousing, human resources, information technology and transportation costs to Sears Hometown and Outlet Stores, ...
Sears Holdings Corp. has filed for Chapter 11 bankruptcy protection.The company’s chairman, Edward Lampert, will step down as CEO and 142 stores — including Sears and Kmart outlets -- will close.
Sears Holdings plans to close another 142 unprofitable stores, as part of its Chapter 11 bankruptcy, on top of 46 store closings announced in August.
Former Sears Holdings chairman and CEO Eddie Lampert — who bought the remains of the bankrupt company earlier this year — is threatening not to make $43 million in pension payments to ...
Sears Holdings has emerged from bankruptcy after more than 10,000 court filings and a four-year stay that saw the department store chain shrink from almost 700 stores to less than two dozen.
Sears Holdings Corp. once again turned to the deep pockets of its chief executive, as suppliers grew increasingly concerned about its finances ahead of the crucial holiday shopping season.
By the end of July 2017, Sears Holdings had only 1,250 stores left in the United States, down from 3,400 at the start of 2006. Earlier Thursday, Macy's Inc. announced it was closing 11 stores ...
Transformco, which acquired Sears Holdings after the company filed for bankruptcy in 2018, confirmed its plans to redevelop the property. “We intend to reinvigorate and maximize the value of the ...
Sears Holdings Corp. burned through more cash as its losses mounted in the second quarter, prompting the once venerable retailer to say it is weighing additional steps to shore up its balance sheet.
Last Thursday, Sears Holdings (NASDAQ: SHLD) released another dreadful quarterly earnings report. While comparable-store sales dropped just 3.9% --.
Sears, Drowning In Red Ink, ... The Sears Holdings company filed for Chapter 11 bankruptcy on Monday after failing to make a $134 million debt payment.
However, Sears Holdings could have spent far less shoring up its pension plan if it had made better financial decisions. The company's pension deficit was less than $1 billion at the end of 2007 ...
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