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Monday, August 26, 2019

Tag: sears

Sears chairman prevails in bankruptcy auction for retailer with US$5.2 billion...

Sears' chairman Lampert merged the department store with discount chain Kmart in 2005 in a US$11 billion deal.

126-year-old firm’s bankruptcy raises old questions about cost of going broke

Sears will consider bids for its assets, including a last-ditch US$5 billion proposal by chairman and controlling shareholder Eddie Lampert.

Sears files for bankruptcy

The century-old retailer once dominated US malls but has withered in the age of internet shopping.

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