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Sears Holdings Corp.

A collection of news and information related to Sears Holdings Corp. published by this site and its partners.

Top Sears Holdings Corp. Articles

Displaying items 12-22
  • Sears apologizes after swastika ring appears on Marketplace

    Bloomberg News is reporting: Sears Holdings, the department-store chain run by hedge-fund manager Edward Lampert, apologized after a ring with a swastika symbol appeared on the company’s online Marketplace site. “We are outraged that more...
  • Chicago History Museum: Telling the essential stories of our American city

    Chicago History Museum: Telling the essential stories of our American city
    On weekends, the Chicago History Museum is not stuffed to bursting with newcomers to the city, but it ought to be. One of the highest best uses of the information-rich institution at the south end of Lincoln Park is its ability to ground people in the...
  • Sears shares soar on news of store sales

     Sears shares soar on news of store sales
    Sears Holdings stock soared Friday after the struggling retailer announced it may spin off up to 300 stores into a separate public company, another effort to raise cash from its substantial real estate portfolio. The Hoffman Estates-based retailer,...
  • Sears stock up on plan to sell its buildings, lease them back via REIT

    Sears Holdings' stock soared Friday after the struggling retailer said it's considering selling about 200 to 300 of its buildings to boost its liquidity. The move would entail the company forming a real estate investment trust, or REIT, that would hold...
  • Sears explores sale through leaseback deal

    (Reuters) - Struggling retailer Sears Holdings Corp said it was exploring the conversion of 200-300 stores to a real estate investment trust (REIT), which it would offer to shareholders to raise cash. Sears shares were up 27 percent at $41.39 in...
  • Sears to open earlier on Thanksgiving

    Sears to open earlier on Thanksgiving
    Sears announced Monday that it plans to open its doors at 6 p.m. on Thanksgiving Day, joining fellow department stores Macy's and Kohl's in nudging their opening two hours earlier. All three retailers opened at 8 p.m. last year. Kmart will again open at...
  • Kmart to close Wabash Avenue store

    Kmart to close Wabash Avenue store
    Kmart plans to close its Wabash Avenue store in Baltimore by early December, laying off more than 100 employees as the company works to improve its financial performance, according to a notice submitted to the state last week. Representatives of Klein...
  • Gov. Pat Quinn says he's seeking final term

    Gov. Pat Quinn says he's seeking final term
    Gov. Pat Quinn marched down Cermak Road where Cicero meets Berwyn, a white sash designating him grand marshal of a mushroom festival parade perched across his shoulder, but it was his celebrity sidekick who captured the crowd's attention. "I love you,...
  • Report: Sears to close stores, lay off about 5,500

    Sears Holdings Corp is shuttering more than 100 stores and laying off at least 5,457 employees, investor website Seeking Alpha reported on Thursday, indicating the struggling retailer may be stepping up store closures. Sears said in August it had closed...
  • Sears disputes report of layoffs, store closings

    Sears disputes report of layoffs, store closings
    A published report Thursday said Sears Holdings is laying off about 6,000 workers as it closes 110 stores within the next few months, many before Christmas, according to Seeking Alpha, a content service for financial markets. Hoffman Estates-based Sears...
  • Staples says probing possible payment card data breach

    Staples says probing possible payment card data breach
    Staples Inc is investigating a possible breach of payment card data and has contacted law enforcement about the matter, making it the latest U.S. retailer to become a possible victim of a cyberattack. "Staples is in the process of investigating a...