Sears Holdings also provides certain logistics, warehousing, human resources, information technology and transportation costs to Sears Hometown and Outlet Stores, ...

In Q3, same-stores sales dropped 17% at Sears, 13% at Kmart, and 15.3% across the company. Overall sales fell from $5 billion in Q3 2016 to $3.7 billion in the same period in 2017, a 26% drop.

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.

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 ...

Indeed, Sears Holdings' revenue has plunged by more than 40% during this period. Store closures account for some of this decline, but the company is also paying the price for failing to invest in ...

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.

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 ...

The judge overseeing Sears Holdings’ bankruptcy is giving 29,000 retired employees a chance to fight for the life insurance benefits they lost when the retailer canceled their coverage earlier ...

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.

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.

Sears Holdings is a shell company. It sold its stores in February 2019 to ESL Investments, an affiliate of former Sears chair Eddie Lampert. The $5.2 billion sale included more than 400 retail ...