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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
  • Sears to raise up to $625 million in notes offering

    Sears to raise up to $625 million in notes offering
    Sears Holdings plans to raise up to $625 million through an offering of 8 percent senior notes and warrants, in another effort to boost liquidity amid concerns among suppliers about its finances going into the holiday season. Sears shares rose about 7.5...
  • Rehab plan for Sears' old West Side HQ takes shape

    Rehab plan for Sears' old West Side HQ takes shape
    On Chicago's West Side, massive structures that once housed Sears, Roebuck & Co.'s headquarters remain reasonably well-preserved but empty since redevelopment efforts a decade ago fell victim to the housing crash. Now, a financing agreement approved...
  • Hackers breach Oregon job-seeker database, official says

    Hackers gained access to social security numbers and other sensitive information from up to around 850,000 Oregon job-seekers in a massive breach that began some time before Oct. 6, the state's employment department said on Tuesday. The security flaw...
  • The coolest places in Chicago are hiding in plain sight

    The coolest places in Chicago are hiding in plain sight
    One year ago on a brisk, sunny October afternoon, I boarded the No. 82 bus in Logan Square and headed south on Kimball to an unknown destination. Eventually, it pulled up in front of a tall, brick tower that rose nakedly above the surrounding...
  • Sears detects data breach at Kmart

    Sears detects data breach at Kmart
    Retailer Sears Holdings Corp. said the payment data system at its Kmart Holding Corp. unit had been breached, and that certain debit and credit card numbers could have been compromised. Discount chain Kmart is investigating the breach. The...
  • Sears shares drop by as much as 15 percent

    Sears shares drop by as much as 15 percent
    Shares in both Sears and J.C. Penney took a hit Wednesday in the wake of sales and news reports that highlighted challenges. Shares of Sears Holdings Corp., the parent company of Sears, were down more than 15 percent earlier in the day after a news...
  • Sears: Why the troubled chain's vendors are worried

    Sears: Why the troubled chain's vendors are worried
    Sears Holdings Corp.’s deepening financial troubles have forced insurers and banks to raise the cost of guaranteeing payment to vendors, rattling the retailer's supply chain as the company heads into the key holiday season. The move by these...
  • Sears to sell most of Canadian unit to raise cash

    Sears to sell most of Canadian unit to raise cash
    Sears Holdings plans to raise $380 million by selling most of its 51 percent stake in Sears Canada to existing shareholders by early next month, the retailer said Thursday. Sears approved a rights offering of up to 40 million Sears Canada shares, giving...
  • 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...
  • How much do Illinois' largest companies invest in themselves?

    How much do Illinois' largest companies invest in themselves?
    Investing in your own business is an optimistic bet on your future, a sign you expect to make more money by spending on everything from technology to machinery to new locations. Weaker-than-anticipated business investment is a key reason that overall...
  • Sears investor Fairholme says affiliate steps back from loan

    Sears investor Fairholme says affiliate steps back from loan
    Bloomberg is reporting: Sears Holdings Corp. shareholder Fairholme Funds Inc. said its affiliate St. Joe Co. was unable to come to terms on providing as much as $100 million of financing to the retailer after a second lender materialized. "The St. Joe...