L'Oréal Makes First Technology Acquisition With ModiFace Deal

clock March 16, 2018Allison Collins


Perry Ellis Shares Down on Fiscal Year 2019 Guidance

clock March 16, 2018Vicki M. Young


Nina Ricci Names Charlotte Tasset as General Manager

clock March 16, 2018Joelle Diderich


The new Sears store, dedicated to appliances and mattresses.


Sears Secures Loan; Swings to Profit

The company completed a secured loan connected to its pension obligations with the PBGC.

clock March 14, 2018Vicki M. Young

A Sears store


Sears Projects Better Adjusted Bottom Line, Sales Declines

The improvement is due in part to the closure of unprofitable stores in 2017, and net profits are helped by a benefit from tax reform.

clock February 15, 2018Vicki M. Young

A Sears store.


Sears Holdings Plans Commencement of Exchange Offers for Notes

Even with potential annual cash interest savings of $100M, Fitch still expects the annual cash burn rate to hit $1.2B in 2018.

clock January 23, 2018Vicki M. Young

A Sears store.


S&P Downgrades Sears’ Corporate Credit Rating

S&P believes any restructuring of debt would give lenders less than the “original promise.”

clock January 18, 2018Vicki M. Young



Lampert Continues to Insist Sears Holdings Is Viable

The chairman said financial maneuvers, if successful, should reassure vendors of the company’s viability.

clock January 10, 2018Vicki M. Young

A Sears storefront.


Struggling Sears Holdings Raises $100M; Initiates New Liquidity Plan

The company is also hoping to raise another $200M to enhance its liquidity.

clock January 10, 2018Vicki M. Young

Sears is closing some doors as part of a routine store review.


Sears Holdings to Close 64 Kmart and 39 Sears Stores

Liquidation sales are slated to begin Jan. 12.

clock January 4, 2018Vicki M. Young

The new Sears store, dedicated to appliances and mattresses.


Sears Narrows Q3 Loss, But Sales Trends Still a Worry

Sears plans to build on the success of its new concept stores, but time and money are its two big hurdles.

clock November 30, 2017Vicki M. Young

A Sears store.


Sears to Take Action on Upcoming Debt Maturities

Sears to continue to diversify revenue streams via its businesses that include its profitable Innovel appliance delivery and installation program.

clock November 30, 2017Vicki M. Young

Inside the Sears concept store in Camp HIll, Penn.


Sears Shares Continue Their Decline

The company’s operating loss for 2017 could be $1.8 billion, according to Moody’s.

clock November 9, 2017Vicki M. Young

A Sears store.


Sears Preannounces Smaller Q3 Loss; Will Sell More Real Estate

Sears guided the loss to between $525 million and $595 million on revenues of $3.7 billion.

clock November 8, 2017Vicki M. Young

Pedestrians pass a Kmart location in New York. Sears Holdings Corp. is announcing, that it will close 68 Kmart stores and 10 Sears stores as it struggles to restore profitabilitySears-Layoffs, New York, USA

Real Estate

Sears Holdings to Shutter 63 More Stores

Liquidation sales begin Nov. 9 for the 45 Kmart and 18 Sears locations targeted for closure.

clock November 3, 2017Vicki M. Young

Wal-Mart's Holiday Helpers will be more present in stores this year.


A Day After Halloween, a Blitz of Christmas Deals

Treasure Trucks, in-store events and, of course, discounts will be fixtures for Amazon, Wal-Mart and others this holiday season.

clock November 1, 2017Kali Hays



Sears’ Gets Another $100 Million in Financing From Lampert

The ceo has long been floating Sears operations and the latest infusion looks poised to get it through the holiday season.

clock October 5, 2017Kali Hays

Screen Shot 2017-09-29 at 11.13.48 AM


Sears, Kmart Facing $1M Lawsuit Over Sanuk Yoga Sandal

Sanuk owner Deckers is accusing the retailers of ripping off one of its best-selling designs.

clock September 29, 2017Kali Hays

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Today's Must Read

The scene at the Frick.


Fashion at the Frick: The Museum Hosts Annual Young Fellows Ball

clock March 16, 2018Andrew Nodell

Social Studies