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

Eddie Lampert Wants To Buy 500 Sears Stores
Eddie Lampert Wants To Buy 500 Sears Stores
December 07, 2018  |  Retail

In an effort to save Sears, ESL Investments is looking to purchase 500 of the retailer’s stores with a $4.6 billion proposal. The retailer had...

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Sears’ Home Services Division May Receive Offer From Centerbridge, Ace
Sears’ Home Services Division May Receive Offer From Centerbridge, Ace
December 04, 2018  |  Retail

As the deadline for the initial offers for Sears’ home services business and other assets nears, unnamed sources claim that Centerbridge Partners LP and Ace...

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Sears Target Of Reported Takeover Bid
Sears Target Of Reported Takeover Bid
November 29, 2018  |  Retail

Does Sears have a shot at new life? According to a report from Bloomberg, “Cyrus Capital Partners and a hedge fund run by Sears Chairman...

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Sears Could Get $350M Loan In Financing Package
Sears Could Get $350M Loan In Financing Package
November 15, 2018  |  Retail

As Sears faces calls to wind down its operations, the retailer is reportedly putting the finishing touches on a deal for $350 million in financing...

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Five At Five: Apple Cuts Some iPhone Production
Five At Five: Apple Cuts Some iPhone Production
November 05, 2018  |  News

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest about Apple’s plans for iPhones...

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Sears’ Lampert Will Not Fund Bankruptcy Financing Package: Report
Sears’ Lampert Will Not Fund Bankruptcy Financing Package: Report
November 05, 2018  |  Retail

The time for retail nostalgia is over. Now, for Sears, comes the bankruptcy process — and as reported on Monday (Nov. 5), the chain, according...

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Data Dive: Walking The Walk Edition
Data Dive: Walking The Walk Edition
November 05, 2018  |  Data Dive

There is an election in the U.S. tomorrow, a hotly contested one on many fronts. In the months leading up to it, the world has...

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Amazon Opens Black Friday Store, Teams With Kenmore For Parts
Amazon Opens Black Friday Store, Teams With Kenmore For Parts
November 02, 2018  |  Retail

To provide shoppers with greater access to sales and deals, Amazon opened a Black Friday Deals Store on Thursday (Nov. 1.) The offering allows customers...

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Whirlpool Demands Sears Return Appliances Ordered Before Bankruptcy
Whirlpool Demands Sears Return Appliances Ordered Before Bankruptcy
October 31, 2018  |  Retail

Whirlpool wants Sears to send back products it shipped before the retailer filed for bankruptcy protection. According to the Chicago Tribune, Whirlpool, which stopped selling...

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