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Sears closes 80 more stores amid reports of last-minute bid

2019-01-02 15:43:00| Daily apparel & textile news and comment - from just-style.com

Edward Lampert, chairman of Sears Holdings has thrown another lifeline to the troubled department store retailer in the form of a $4.4bn bid to keep the business afloat.

Tags: reports stores bid closes

 

Layoffs Loom Large as Banks Weigh Funding Lampert's Sears Bid

2018-12-20 23:29:26| National Real Estate Investor

As bankers decide whether to issue a loan to keep Sears from liquidating, company executives talk about saving the jobs of 68,000 Americans.

Tags: large bid funding banks

 
 

Eddie Lampert's Sears Bid Comes With a Key Demand: Legal Shelter

2018-12-10 17:31:17| National Real Estate Investor

Eddie Lamperts bid for Sears stores comes with a request for full release from liability.

Tags: legal key demand bid

 

Weaker Sears Holiday Forecast Heightens Doubts About Survival

2018-12-06 19:29:33| National Real Estate Investor

Sears is likely to bleed hundreds of millions of dollars this holiday season.

Tags: holiday survival forecast doubts

 

Sears troubles continue as it lowers holiday forecast

2018-12-06 12:05:00| Daily apparel & textile news and comment - from just-style.com

Further doubt has been cast over whether struggling Sears Holdings Corp can avoid liquidation after the US department store retailer lowered its holiday revenue forecast.

Tags: continue holiday forecast troubles

 

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