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Sears officially announces Eddie Lampert as the winner of its bankruptcy auction and says 45,000 jobs will be saved
Eddie Lampert's bid would keep about 400 Sears stores open and retain about 45,000 jobs.
These haunting photos of the retail apocalypse reveal a new normal in America as Sears clings on after closing hundreds of stores
A retail apocalypse is ripping through America, leaving clearance sales and empty malls in its wake.
Sears chairman Eddie Lampert has a net worth of $1 billion — from a $130 million yacht to a home on ‘billionaire bunker’ island, her...
Sears chairman Eddie Lampert was kidnapped in 2003, and after being held captive for 30 hours, he managed to negotiate his way to freedom.
Sears Chairman Eddie Lampert's $4.4 billion takeover bid will be assessed with other parties' bids at an auction scheduled for Monday.
Warren Buffett predicted former Sears CEO Eddie Lampert would have an impossible task bringing back the retailer in 2005, years before bankruptcy.
Sears will ask a bankruptcy judge to pursue liquidation after rejecting a $4.4 billion takeover bid from its chairman, according to Reuters.
Sears is catching heat for dedicating over $25 million to exec bonuses while reportedly cutting off severance for laid-off store workers
Sears was permitted to shell out up to $25.3 million for executive bonuses by a bankruptcy court last week.
Sears’ and Kmart’s sales increased for the first time in years — but it’s probably not going to save the business
Sales at Sears and Kmart increased for the first time in years — in the same quarter the brands' parent company filed for bankruptcy.
We visited locations of most major department stores in 2018 and found one rose above the rest. Here's the verdict.
2018 was a rough year for a lot of retailers. Of the stores we visited, these were in the worst shape.