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Sears Holdings Corp. is back at the cash machine that apparently is Edward S. Lampert.The department store amended, for the second time in a little more than two weeks, a loan agreement with JPP LLC and JPP II LLC, entities controlled by Lampert's ...
When Elaine McKenna's purse was stolen at a Sears store in Hutchinson, she had no idea they would shove both the purse and its belongings in the bathroom ceiling. Luckily enough, when the old building's demolition began, she would be reunited with her ...
The past few years have been difficult ones for Sears, marked by shrinking sales, a sinking share price, and a slew of store closures. But the struggling retailer could at least count on one thing: the support of Bruce Berkowitz, one of Wall Street's ...
Sears' shares were sent into a tailspin on Monday after it was announced that investor Bruce Berkowitz, the company's largest outside shareholder at and a rare defender of the retailer's so far unsuccessful attempts to turn itself around, was leaving ...
Sears Holdings' second-largest shareholder, Bruce Berkowitz of Fairholme Capital Management, is stepping down from the board of directors, the company said in a regulatory filing. Berkowitz' exit was not “the result of any disagreement with the company ...
“As a (former) employee, I can tell you that the Customer Service was awful. As a customer, if you need help, you can't find anybody. “But it's sad. My mother-in-law used to live up in Yellowknife and she'd order stuff out of the catalogue for us for ...
Haven't been to a Sears in a while? You might want to go soon. The department store at Oxmoor Center, 7900 Shelbyville Road, is closing by mid-January and will have a liquidation sale starting Oct. 27. That means you could be able to grab a few items ...
Eddie Lampert is opening his wallet again to keep his Sears and Kmart chains afloat during the crucial holiday shopping season. The hedge fund mogul, the largest shareholder and chief executive of Sears Holdings, which operates the two chains, is ...
Sanuk owner Deckers is accusing the retailers of ripping off one of its best-selling designs. By Kali Hays on September 29, 2017. Screen Shot 2017-09-29 at 11.13.48 AM. Sears and Kmart could be on the hook for upwards of $1 million over allegations by ...
"We want to make sure our customers know that we are here to stay and will continue to provide the community with the same products, Customer Service and store experience they've come to expect from us," Stanley said. The locally owned Sears Hometown ...
Amazon, born online, has recently made a big move into physical retail with its acquisition of the Whole Foods grocery chain. That transition from sending products through the mail to brick-and-mortar replays the path of the 20th century's defining ...
With the landmark Route 22 store scheduled to close in mid-September, the final sales have begun at the store in the last week of shopping before school begins. "Everything must go!" say the signs posted at the store's entrances. The store's fixtures ...
The chain told USA Today it would notify Kmart employees later today at the affected locations and publicly release a list of closing stores in the afternoon. The company reported Thursday that its second-quarter loss narrowed to $251 million, or $2.34 ...
U.S. department store operator Sears Holdings Corp (shld, -3.69%) is having trouble stocking shelves, as some vendors have fled while others are demanding stricter payment terms because of difficulties hedging against default risk. The strain in Sears' ...
Kenmore now has the first and only dedicated brand page on Amazon for home appliances. Take Away. Sears is benefiting across multiple businesses by lending its merchandising, delivery and installation skills to Amazon. Sears' launch of Kenmore-brand ...
Henry Segerstrom poses with a sign announcing the construction of South Coast Plaza. (Courtesy of South Coast Plaza). Expand. The Segerstrom family has bought out the owners of the Sears store at South Coast Plaza. The owners of the upscale mall in ...
Sears, an American retail staple since 1886, has been struggling more recently. It's closed stores, sold off assets and borrowed money. But it wasn't always this way… Gordon Weil, author of "Sears, Roebuck, USA," reminds how Sears was once America's ...
Sears owner Eddie Lampert on Thursday gave US shoppers one less reason to schlep to his beaten-down stores, though investors were buoyed. The billionaire hedge fund whiz-turned-retail CEO inked a deal to have one of its most valuable assets — its ...
Sears will begin selling its Kenmore line of major appliances on Amazon, marking the first time Kenmore major appliances are sold by another retailer. The full line of Kenmore Elite, Kenmore Pro and Kenmore Smart majaps will be available on Amazon, ...
A class-action lawsuit filed against Sears Holdings Corp., Hoffman Estates, Ill.; CEO Edward S. Lampert; and the company's investment committee, alleges the company breached its fiduciary duties by continuing to offer Sears stock as an investment ...
The freestanding showroom, located in the border town of Pharr, Texas, builds on the success of an earlier prototype, an appliance-only retail store that opened one year ago in Colorado, the company said. Leena Munjal, customer experience and ...
July 10 (Reuters)—Billionaire Eddie Lampert's ESL Partners LP and Fairholme Capital Management LLC said they are considering a potential deal with Sears Canada as the retailer looks to restructure itself under bankruptcy protection. Lampert is the ...
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The store was among those on a list of 43 Sears and Kmart locations that will lock their doors in October. This is in addition to 265 store closings Sears Holdings had announced earlier this year. The Kenosha Kmart, 4100 52nd St., was not on the new ...
NEW YORK — U.S. stocks climbed Friday after the government said hiring grew at a stronger pace in June. Technology and consumer-focused companies led the way as investors were glad to see a positive sign for the economy. Stocks regained much of the ...
Sears will close its department store at 7630 Pershing Blvd. in Kenosha in early October as the troubled retailer continues to trim its nationwide portfolio. In the latest in a series of store-closing announcements, Sears Holdings Corp. said Friday ...
NEW YORK — Struggling department store chain Sears says it's closing even more stores as it tries to turn around its business. Sears Holdings Corp. CEO Eddie Lampert said in a blog post Friday that the company would close another eight Sears and 35 ...
Private equity-backed True Religion Apparel Inc., the Manhattan Beach, Calif.-based retailer of primarily high-priced jeans, filed for bankruptcy in Delaware on Wednesday, blaming intensifying e-commerce competition as its main source of troubles. The ...
Some Sears and Kmart stores are in disarray, according to a new report, with problems ranging from a rat infestation to collapsing shelves and unworkable toilets. Business Insider, citing interviews with half-a-dozen unnamed employees at the stores ...
Sears Canada is undergoing a reinvention, including new customer experiences at every touchpoint, a new e-commerce platform, new store concepts, and a new set of Customer Service principles designed to deliver WOW experiences to customers.
The chain is trying cost-cutting measure to survive, according to the company's management. The retail chain announced in January it would be closing 150 stores starting in the spring. Last week management announced it would close an additional 20 ...
Rosh Hashana begins today at sundown and ends Friday evening. It means “head of the year” and marks not only the beginning of the Jewish new year but also a period of personal reflection and introspection for members of the faith. (read more) · Photo ...
Sears Holdings (shld, -3.92%) is closing another 20 locations on top of recently announced shutterings, bringing to total store closures to 260 this year for the struggling retailer which is trying unsuccessfully to stanch years of sales declines. The ...
Expect to see another 20 Sears and Kmart stores close as the parent company, Sears Holdings, plans to send several other stores to retail's graveyard. On Friday, Sears Holdings announced 20 locations on top of the recently announced closings, bringing ...
Sears is closing another 20 stores as the ailing retailer tries to turn around its business. Real estate investment trust Seritage, which owns the 20 real estate properties, confirmed the closings– 18 Sears stores and two Kmart stores – in a government ...
Sears plans to roll out more appliance stores, which would allow it to compete with J.C. Penney. By Vicki M. Young on June 23, 2017. The new Sears store, dedicated to appliances and mattresses. Courtesy Photo. While Sears Holdings Corp. was busy ...
Sears will close its department store at Southridge Mall, becoming the second anchor this year to announce that it will abandon the sprawling shopping center in Greendale. The Sears store will close in mid-September, Howard Riefs, spokesman for Sears ...
Updated! Two top Sears Holdings executives whose functions are key to the retailer's core multichannel shopping strategy were included in a corporate downsizing earlier this month. The pair — online president Stephan Zoll, and Eric Jaffe, senior VP ...
The company pointed to new technology, revamped brand positioning, and refreshed product assortment and Customer Service standards to illustrate its work so far to transform the business and bring it back to black as it has seen positive same-store ...
Sears Canada announced Thursday it will close 20 full-line locations, plus 15 Sears Home stores, 10 Sears Outlet stores and 14 Sears Hometown locations. What is this? Sponsored content is written by Global News' editorial staff without any editorial ...
LAS CRUCES - A local woman is suspected by police of shoplifting nearly $1,200 worth of merchandise from the department store where she works. Adrianna Perez, 24, of the 300 block of Terry Drive, is charged with a fourth-degree felony count of shoplifting.
"I think some of the hometown stores offer better Customer Service, that's kept us going." The employees at America's Appliance Experts can also help customers shop online, if the store doesn't have what they need. "We have a large client base that ...
Sears Canada is on the ropes, warning investors yesterday about "significant doubt" that it can continue without restructuring its business or seeking a buyer. That might surprise some older Canadians who can still recall Sears Canada's glory days.
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As Sears Canada raises going concern worries, the U.S. business is cutting jobs, including its apparel president. By Evan Clark on June 13, 2017. The Sears retail brand is suffering from Toronto to Hoffman Estates, Ill. Sears Canada Inc., which was ...
Sale totals for Sears have been declining for years — and a former executive is pointing a finger at both the corporation's strategy and current CEO Eddie Lampert. During a recent interview with TheStreet, former Sears Canada CEO Mark A. Cohen said ...
Sears Holding is closing dozens of more Sears and Kmart stores, including three in Georgia, in an effort to bring the company back to profitability, according to reports from USA Today and Business Insider. Sears stores in Calhoun and Dalton are slated ...
Read: Sears call center Closing In High Point. Just two months later, the company stunned investors with a Securities and Exchange Commission disclosure that said Sears Holdings had "substantial doubt" about its ability to continue operations unless it ...
Tonight. Partly cloudy this evening, then becoming cloudy after midnight. Slight chance of a rain shower. Low 56F. Winds light and variable. Updated: November 30, 2017 @ 10:56 am. Full Forecast. Toggle navigation Menu. Buy & Sell. Classifieds · Print ...
The Nationwide Marketing Group is stepping up its share-grab efforts with a new marketing campaign designed to snatch up stray Sears and hhgregg customers. The initiative, dubbed “Bigger Isn't Better … Better is Better,” is the next phase of the group ...
