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Sears

Sears, Roebuck and Company, colloquially known as Sears, is a chain of department stores founded by Richard Warren Sears and Alvah Curtis Roebuck in 1893, reincorporated by Richard Sears and new partner Julius Rosenwald in 1906.

Source: sears.com

Sears Deal Faces Obstacles
Sears Deal Faces Obstacles
February 01, 2019  |  Retail

A deal that would save Sears is facing obstacles, as the U.S. government and major mall owners are trying to block the bid from Sears’ chairman,...

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Bank Of America, Citi Back Lampert To Save Sears
Bank Of America, Citi Back Lampert To Save Sears
January 21, 2019  |  Retail

ESL Investments has found backing for its $5.2 billion bid to save Sears Holdings Corp. Last week, Eddie Lampert won a bankruptcy court auction for the...

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Retail Pulse: Target, Kohl’s Report Holiday Sales, Sears May Review New ESL Bid
Retail Pulse: Target, Kohl’s Report Holiday Sales, Sears May Review New ESL Bid
January 11, 2019  |  Retail

Some retailers enjoyed the fruits of improvements to their delivery services and brick-and-mortar stores with better-than-expected sales growth over the holidays, while other retailers found...

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Sears Gives ESL Another Chance At Bid
Sears Gives ESL Another Chance At Bid
January 10, 2019  |  Retail

Following reports that Sears Holdings had turned down a bid from ESL Investments, a special committee for the retailer now plans to consider a revamped...

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Sears To Close After 126 Years
Sears To Close After 126 Years
January 08, 2019  |  Retail

After 126 years in business as an iconic American retailer, Sears Holdings has reportedly turned down a bid by Chairman Eddie Lampert to help it stay open. But Lampert’s...

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In UK, Cabinet Office Pays Late, Too
In UK, Cabinet Office Pays Late, Too
January 08, 2019  |  B2B Payments

In the U.K., it turns out that even some of the most vocal critics of late payments … pay late. Will a traffic light system...

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Sears In Danger Of Liquidation If No Deal Is Reached
Sears In Danger Of Liquidation If No Deal Is Reached
January 04, 2019  |  Retail

Sears, which hasn’t turned a profit since 2010, may face liquidation if it can’t find a resolution to its bankruptcy situation, according to a report...

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US Retail Vacancies Hold Steady At 10.2 Percent
US Retail Vacancies Hold Steady At 10.2 Percent
January 04, 2019  |  Retail

In the fourth quarter, the regional and super regional mall vacancy rate fell slightly as overall retail vacancies in the U.S. stayed constant. The vacancy...

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Eddie Lampert Submits $4.4B Bid To Save Sears
Eddie Lampert Submits $4.4B Bid To Save Sears
January 02, 2019  |  Retail

In an effort that could help preserve 425 locations and the jobs of up to 50,000 workers, Sears Holdings Corp. Chairman Eddie Lampert made a...

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