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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 34-44
  • Woman recalls her 100 years, says she feels 40

     Woman recalls her 100 years, says she feels 40
    Up until a year or two ago, tiny squares of medical tape covered all signs of Ann Lewis' age on her driver's license. Daughter Gloria Lewis recalls her mother saying she'd rather be arrested for defacing her license than tell her age. But as Ann Lewis...
  • 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...
  • Sears Holdings bags $625 million in rights offering

    Sears Holdings Corp. expects to receive the full $625 million it had targeted in a previously announced rights offering after the subscription period ended Tuesday evening with the offering oversubscribed, the retailer said. Hoffman Estates-based...
  • Sears Canada posts loss as sales fall

    Sears Canada posts loss as sales fall
    Sears Canada reported its third straight quarterly loss, as sales continued to decline at the struggling department store chain. Net loss widened to C$118.7 million ($105.23 million), or C$1.16 per share, in the third quarter ended Nov. 1, from C$48.8...
  • 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...
  • 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,...
  • 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...
  • 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 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 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,...