Posts tagged Sears

  • Area News

    Some Sears, Kmart stores to close in cost cutting

    Sears Holdings Corp said it is closing a number of stores across the United States as part of an annual review of its store network and ongoing efforts by the struggling retailer to cut costs.

    2016 - Media Team Retailp.com

  • Area News

    Kmart is closing dozens of stores

    as parent company Sears weathers Chapter 11 bankruptcy

    2018 - Media Team Retailp.com

  • Area News

    Sears to take $443 million in charges arising from store closures

    The company said some of the charges have already been incurred in the third quarter, while the remaining charges will be booked in the fourth quarter.

    2018 - Media Team Retailp.com

  • Area News

    21 Sears and 5 Kmart locations to close in October

    More Sears and Kmart stores are on the chopping block.

    2019 - Media Team Retailp.com

  • Area News

    Sears closes New York design office

    The U.S. retail company will close its apparel design office in Manhattan.

    2016 - Media Team Retailp.com

  • Area News

    Sears lowering the ax on more stores

    Sears Holding Corp. has announced yet another round of store closures, with Kmart taking a big hit.

    2017 - Media Team Retailp.com

  • Area News

    Carlingwood Shopping Centre to demolish former Sears space

    One of Ottawa’s largest – and oldest – shopping centres is preparing to get slightly smaller.

    2018 - Media Team Retailp.com

  • Area News

    Sears to close 46 stores in November

    It’s a tough time for retail and especially for Sears Holdings Corp. who is pulling the plug on more retail locations.

    2018 - Media Team Retailp.com

  • Area News

    Sears Chairman Lampert makes $4.6 billion bid for bankrupt retailer

    Sears Holdings Corp Chairman Eddie Lampert's ESL Investments Inc has made an offer valued at $4.6 billion to buy the bankrupt U.S. retailer, one of the only options that would prevent the department store chain from shutting its doors for good.

    2018 - Media Team Retailp.com

  • Area News

    Lampert reveals plans for Sears after bankruptcy

    Sears Holdings Corp will sell or sublease some of the 425 stores of the retail chain and open smaller stores with more focus on tools and appliances than on apparel, said Chairman Edward Lampert in an interview with the Wall Street Journal.

    2019 - Media Team Retailp.com

  • Area News

    Sears secures $250m lifeline, will close 96 stores

    Sears told Reuters on Thursday it had won a $250 million (£195.05 million) lifeline from lenders that include billionaire owner Eddie Lampert, and will close additional stores, as mounting losses strain the beleaguered U.S. department store chain's finances.

    2019 - Media Team Retailp.com

  • Area News

    Sears Holdings to close 103 more stores

    as it struggles to win over customers who are increasingly shopping online.

    2018 - Media Team Retailp.com

  • Area News

    Sears files for Chapter 11 bankruptcy

    Sears Holdings on Monday filed for Chapter 11 bankruptcy, following a last minute ditch effort from the U.S. department store retailer's CEO ​to contribute towards a financing package.

    2018 - Media Team Retailp.com

  • Area News

    Sears chairman confirms new $5 billion bid to save bankrupt retailer

    Sears Holdings Corp Chairman Eddie Lampert confirmed on Thursday he has made a new takeover bid of more than $5 billion for the company, an offer that may significantly increase the likelihood the U.S. department store will be able to stay in business.

    2019 - Media Team Retailp.com