RetailNews

Sears Secures Approval to Monetize 140 More Locations

More store closures likely from Sears Holdings following the department store retailer's deal to pay into its pension plan in exchange for the right to monetize 140 locations.

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RetailNews

Sears Closes Another 63 Stores—What’s Left?

Sears Holdings just added 63 more stores to the slew it has already closed this year and more could be on the chopping block before the year’s up.

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RetailNews

Sears in a War of Words With the WSJ Over Portrayal of its Vendor Relationships

Add The Wall Street Journal to the list of publications that Sears Holdings says is dishing up fake news against the retailer by mischaracterizing the nature of its business and vendor relationships.

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RetailNews

Lampert Lends Sears Another $100 Million

Retailer Sears Holdings has secured another $100 million loan from CEO Edward Lampert's ESL hedge fund—with potential for more—ahead of the holiday season.

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FinancialNews

Financial Roundup: Sears to Close 28 More Kmart Stores, Burlington’s Income Soars, Abercrombie Shows Improvement

Sears narrows losses as the company continues to cut spending, Abercrombie sees traction from turnaround efforts led by Hollister and Burlington is bullish on expansion as sales soar.

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