Sears sues Eddie Lampert for looting company Sears accuses its former CEO Eddie Lampert of stealing billions of dollars from the once-storied retailer. Sears Holdings filed for bankruptcy in October, after years of losses under Lampert, … Read more

Sears Closing All Stores

DEVELOPING: Sears plans to close all stores after 126 years in businessREAD MORE: — LIVE Breaking News (@NewsBreaking) January 8, 2019 Sears has not accepted Chairman Eddie Lampert’s bid … Read more

Sears Hires Advisers to Prepare Bankruptcy Filing

by COMPUTER1313 Sears, which has been losing money for years, has $134 million in debt due on Monday. Edward Lampert, the hedge-fund manager who is Sears’s chairman, chief … Read more