Kmart

Sears

Financial

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.

Financial

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.

Retail

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.

Financial

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.

Financial

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.

Financial

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.

Financial

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.

Retail

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

Financial

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

Legal

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

From Kmart's "I Can" campaign for large sizes.

Retail

Kmart Gives a Lift to Large Sizes

The 482-unit chain says large sizes have been expanded to include all women’s brands.

clock September 11, 2017David Moin

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

Financial

Sears Narrows Q2 Loss; Will Close Another 28 Kmart Sites

150 Kmart and Sears stores are slated to close in Q3, on top of the 180 closed earlier this year and the 28 Kmart stores set to close later this year.

clock August 24, 2017Vicki M. Young

The new Sears store, dedicated to appliances and mattresses.

Retail

Sears Licenses Kenmore and DieHard Brands

The retailer is also adding a Jaclyn Smith infants’ line to Kmart stores next month.

clock August 22, 2017Vicki M. Young

A Sears storefront.

Financial

Sears Shares Spike on New $200M Line of Credit

The line of credit is from ESL Investments, a hedge fund run by Sears’ chairman and ceo Edward S. Lampert.

clock July 17, 2017Vicki M. Young

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