Sears

Sears

Financial

Sears Stock Gains Again as Fairholme Buys More

Bruce Berkowitz’s fund is continuing to buy Sears stock.

clock March 28, 2017Evan Clark

sears wall street stocks

Financial

Wall Street Suffers, Sears Soars

Investors are taking a second look at what kind of business reforms will come out of Washington given the failure to remake health care.

clock March 27, 2017Evan Clark

American Apparel shop on Oxford Street closed down and empty.American Apparel shop closed down on Oxford Street, London, UK. - 26 Dec 2016.

Financial

Which Retailers Are Closing Stores in 2017

From American Apparel to Macy’s, retailers of all stripes have been suffering lately and closing stores.

clock March 24, 2017Evan Clark

A Sears store.

Financial

Some Sears Vendors Are Debating Options

Sears said it has always paid its vendors for orders placed.

clock March 23, 2017Vicki M. Young

A Sears store front inside a mall.

Financial

Sears Shares Down on ‘Going Concern’ Worries

Sears’ “substantial doubt” disclosure was triggered by historical financials.

clock March 22, 2017Vicki M. Young

Lands' End online website

Financial

Lands’ End Sales Falling, Losses Growing but Hoping for Turnaround

The brand’s new leader is looking to “rejuvenate” business with new product assortments and a bigger focus on catalog and e-commerce.

clock March 21, 2017Kali Hays

The Cut will be rolled out to all 94 Sears stores.

Retail

Sears Canada Launching Off-price Division Inside All 94 Stores

The Cut will take up to 40,000 square feet in each of the company’s stores.

clock March 21, 2017Jean E. Palmieri

Exterior of American Apparel store with sale signs in Oxford Street. An announcement stated all of the UK and European stores will close after falling into administration.American Apparel franchise to close in Europe, London, UK - 05 Dec 2016

Financial

Retailers Shed Jobs Despite Overall Gains

Specialty stores cut 5,500 positions, while department stores eliminated 4,700 jobs.

clock March 10, 2017Evan Clark

A Sears store.

Retail

Sears Shares Rise on Q4 Results; Operations Still an Issue

Comps were down at both nameplates in multiple merchandising categories.

clock March 9, 2017Vicki M. Young

A Sears storefront.

Retail

Sears Posts Q4 Loss That Bested Wall Street’s Estimates

The company pledged assets to satisfy pension obligations.

clock March 9, 2017Vicki M. Young

Retail

Etail West 2017: Retailers Throw Out the Silos in Omnichannel

Executives from oldnavy.com, Sears Canada and Office Depot talk about organizational shifts to win at retail no matter the channel.

clock February 28, 2017Kari Hamanaka

Sears

Financial

Credit Analysts Say Sears’ Long-Term Issues Remain a Concern

Sears has $4.6B of funded debt, and unfunded pension and post-retirement obligations of $2B.

clock February 13, 2017Vicki M. Young

A Sears store.

Financial

Sears Holdings Targets $1B Cost Savings; Q4 Loss Widens

The company also updated Q4 guidance.

clock February 10, 2017Vicki M. Young

A Sears closing in Mountain View, Calif.

Legal

Sears CEO, Investors Cut $40M Deal to End Store Spin-Off Suit

Investors agreed to drop claims that a lease buyback deal with a Sears- created trust benefited chief executive officer Edward Lampert more than the company.

clock February 9, 2017Kali Hays

A rendering of the new setting for luxury brands at Scottsdale Fashion Square in Arizona.

Retail

Macerich CEO Parses Earnings, Mulls Mall’s Future

Retail bankruptcies impact the shopping center real estate investment trust.

clock February 7, 2017Sharon Edelson

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