Amazon-Kenmore Deal Portends Rough Seas For Sears … And The Appliance Biz
Alarm bells should have sounded throughout major appliancedom last month, when Sears Holdings found another retailer willing to sell its fading Kenmore brand of white-goods. For this wasn't just any old retailer; this was The Great Disruptor, Amazon ...
Sears Shares Jump 17% On New Partnership With Amazon
Sears (shld, -3.69%) has become the latest brick-and-mortar retailer to turn to Amazon.com (amzn, +0.44%) to get a desperately needed sales lift. The struggling department store on Thursday said it would begin selling its popular line of Kenmore ...
Sears' soars after biggest shareholder offers to buy Kenmore brand
Edward Lampert is pushing for a more aggressive breakup of Sears Holdings Corp. as the hedge-fund manager aims to salvage what's left of the struggling retailer and stave off a potential bankruptcy filing. The announcement sparked a 7.6 percent share ...