Sears

Sears, Roebuck and Company, colloquially known as Sears, is a chain of department stores founded by Richard Warren Sears and Alvah Curtis Roebuck in 1893, reincorporated by Richard Sears and new partner Julius Rosenwald in 1906.

Source: sears.com

Sears In Danger Of Liquidation If No Deal Is Reached

Sears In Danger Of Liquidation If No Deal Is Reached
Sears In Danger Of Liquidation If No Deal Is Reached
January 04, 2019  |  Retail

Sears, which hasn’t turned a profit since 2010, may face liquidation if it can’t find a resolution to its bankruptcy situation, according to a report...

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US Retail Vacancies Hold Steady At 10.2 Percent
US Retail Vacancies Hold Steady At 10.2 Percent
January 04, 2019  |  Retail

In the fourth quarter, the regional and super regional mall vacancy rate fell slightly as overall retail vacancies in the U.S. stayed constant. The vacancy...

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Eddie Lampert Submits $4.4B Bid To Save Sears
Eddie Lampert Submits $4.4B Bid To Save Sears
January 02, 2019  |  Retail

In an effort that could help preserve 425 locations and the jobs of up to 50,000 workers, Sears Holdings Corp. Chairman Eddie Lampert made a...

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Eddie Lampert Wants To Buy 500 Sears Stores
Eddie Lampert Wants To Buy 500 Sears Stores
December 07, 2018  |  Retail

In an effort to save Sears, ESL Investments is looking to purchase 500 of the retailer’s stores with a $4.6 billion proposal. The retailer had...

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Sears’ Home Services Division May Receive Offer From Centerbridge, Ace
Sears’ Home Services Division May Receive Offer From Centerbridge, Ace
December 04, 2018  |  Retail

As the deadline for the initial offers for Sears’ home services business and other assets nears, unnamed sources claim that Centerbridge Partners LP and Ace...

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Sears Target Of Reported Takeover Bid
Sears Target Of Reported Takeover Bid
November 29, 2018  |  Retail

Does Sears have a shot at new life? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Sears Could Get $350M Loan In Financing Package
Sears Could Get $350M Loan In Financing Package
November 15, 2018  |  Retail

As Sears faces calls to wind down its operations, the retailer is reportedly putting the finishing touches on a deal for $350 million in financing...

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Five At Five: Apple Cuts Some iPhone Production
Five At Five: Apple Cuts Some iPhone Production
November 05, 2018  |  News

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest about Apple’s plans for iPhones...

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