sears holdings

First Sears And Kmart Closings Of 2012 Concentrated In Midwest And South

First Sears And Kmart Closings Of 2012 Concentrated In Midwest And South

Sears Holdings, owner of the perpetually troubled retailer power couple Sears and Kmart, has released the locations of 80 out of the 100 to 120 “under-performing” stores that will close in the coming months. Most of the stores on this first list are in the southern and midwestern U.S. [More]

(petekraynak)

Sears Chairman Unleashes 15-Page Manifesto About Um, Everything

Sears Holdings chairman Eddie Lampert has unleashed a 15-page manifesto about the current economic meltdown, short-selling rules, civil liberties, and even offers a suggested reading list that includes free-market Austrian economist Friedrich Hayek.

Sears Loses $56 Million In The First Quarter, Experts Say Kmart May Have To Go

Sears Loses $56 Million In The First Quarter, Experts Say Kmart May Have To Go

Bad news for Sears Holdings — the parent company of Sears and Kmart lost $56 million in the first quarter, and some experts are saying that boss Eddie Lampert may have to face up to the fact that Kmart needs to close.

Sears' CEO Has Been Fired

Sears' CEO Has Been Fired

Aylwin B. Lewis, CEO of Sears, has been asked to step down as part of Sears’ restructuring plan, says the Chicago Tribune. In a prepared statement, the billionaire hedge fund guy who controls Sears, Eddie Lampert, explained the reason behind Mr. Lewis’ departure:

See Everything Your Friends And Neighbors Have Ever Bought At Sears

See Everything Your Friends And Neighbors Have Ever Bought At Sears

Want to see all the major appliances and repair services that your friends and neighbors… (and anyone else who you can look up in the phone book) have ever purchased at Sears?