Last month, investor and CEO of Sears Holdings Corp., Eddie Lampert, said his hedge fund ESL Investments was interested in bidding on some of the retailer’s units. Sears has since announced the creation of a committee to look into the sale of its Kenmore brand, along...
Sears has had an extremely difficult last few years, marked by hundreds of locations closing nationwide and sales figures that continue to trend downward. But, according to chief financial officer Rob Riecker, the company may still have a future left in smaller stores specializing in mattresses, appliances...
June 06, 2018
Sears Holdings revealed in a Securities and Exchange Commission (SEC) filing that it has been given two extra years to repay lenders, including Eddie, Lampert, its CEO and hedge fund owner. According to CNBC, the department store chain revealed in the filing that it has consolidated three loans, two of them real estate loans totaling […]
May 15, 2018
Last month, investor and CEO of Sears Holdings Corp., Eddie Lampert, said his hedge fund ESL Investments was interested in bidding on some of the retailer’s units. Sears has since announced...
November 30, 2017
Sears has had an extremely difficult last few years, marked by hundreds of locations closing nationwide and sales figures that continue to trend downward. But, according to chief financial officer Rob...
