NEW YORK -- Sears will live on - at least for now. Its chairman and biggest shareholder, Eddie Lampert, won tentative approval for a $5 billion plan to keep the ailing, 132-year-old department-store ...
Sears CEO Eddie Lampert’s hedge fund ESL Investments is proposing a way for Sears to restructure its debt to avoid bankruptcy, according to CNBC. Mr. Lampert personally owns 31 percent of Sears shares ...
LYNCHBURG, Va. (WSET) -- A bankruptcy judge has blessed a $5.2 billion plan by Sears chairman and biggest shareholder Eddie Lampert to keep the business going. The approval will mean 425 stores and ...
RICHMOND, Texas (KTRK) -- They might share the same name, but the owner of the Sears Hometown store in Richmond wants you to know they are not filing for bankruptcy. Stephen Stark has been with the ...
As of an August 4 filing, Sears Holdings still had 506 Sears locations and 360 Kmart locations. The retailer, which sought chapter 11 protection in U.S. Bankruptcy Court in White Plains, N.Y., reached ...
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