Struggling retailer Sears is planning on shuttering 50 to 80 more stores according to sources familiar with the situation. The sources spoke to CNBC and have said that Sears told the bankruptcy court recently that it plans to close more stores. It was earlier this month that the company’s chairman, Eddie Lampert, unveiled his $4.6 … Continue reading “Sears Plans to Close 50-80 More Stores”
Tag: shld
Hot Stocks
Sears CEO Leaves the Company as it Declares Bankruptcy
Sears did not have a good day of news on Monday. The struggling retailer announced…
October 15, 2018
Hot Stocks
Sears and Amazon Expand on Auto Center Partnership
Struggling retailer Sears announced this week that it and e-commerce giant Amazon have expanded on…
June 12, 2018
Hot Stocks
Sears Releases The List of Stores it Will be Closing
Sears announced this week during when it reported earnings that it would be closing an…
June 2, 2018
Hot Stocks
Sears To Close 72 More Stores This Year
Sears Holdings announced on Thursday that it will be shuttering more stores this year. The…
May 31, 2018
Hot Stocks
Sears’ CEO Eddie Lampert Says There is Interest from Potential Partners over Sears Asset Sale
Struggling retailer Sears made headlines recently after the company's CEO Eddie Lampart's hedge fund ESL…
May 29, 2018
Hot Stocks
Sears Shares Explode on Amazon Deal to Deliver and Install Tires
Shares of Sears galloped ahead 22% after it was announcing thart the company is working…
May 9, 2018
Hot Stocks
Sears CEO Offers to Potentially Buy Sears Units and Kenmore Brand
Eddie Lampert, who is the CEO of Sears Holding, as well as a hedge fund…
April 24, 2018
Hot Stocks
Sears and Macy’s Are Closing A Lot of Stores
Sears announced to employees on Thursday that the company will be closing over 100 more…
January 5, 2018
Hot Stocks
Sears Signs Another Deal with Amazon for Car Batteries
It was revealed on Thursday that Sears Holdings has landed another deal with Amazon where…
December 14, 2017
Hot Stocks
Sears Holdings Will Be Closing More Sears and Kmart Stores
Struggling department store operator Sears Holdings Inc. announced this week that it would be closing…
November 7, 2017
Hot Stocks
Sears Signs Licensing deals For Kenmore Appliances and DieHard Batteries
Sears Holdings Corp announced on Tuesday that it has signed licensing deals for its Kenmore…
August 22, 2017
Hot Stocks
Sears Shares Soared After This Amazon Deal
Shares of Sears sprang to life on Thursday after a deal with Amazon was revealed…
July 20, 2017
Hot Stocks
This Major Department Store Is Falling Apart And May Not Recover
Sears looks like it may have thrown in the towel. The company acknowledged on Thursday…
December 8, 2016