SEARS CEO PROPOSES PLAN TO AVOID BANKRUPTCY
SEARS TO CLOSE 72 MORE STORES
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SEARS WARNS IT WILL CONSIDER ‘ALL OTHER OPTIONS’ IF REFINANCING F...
The department store chain warned that it recorded a net loss in the fourth quarter, as it continues to close stores across the country.
Read MoreSEARS POSTS HUGE LOSS IN THIRD QUARTER
Sears reported a third-quarter loss of more than half-a-billion dollars, but some signs of improvement are helping the ailing department store chain as it seeks stability.
Read MoreNEW SEARS DEAL ALLOWS IT TO SELL ANOTHER 140 STORES TO FUND PENSIONS
The deal is expected to provide Sears with $407 million of contributions to its pension plans and provide the company with financial flexibility for the next two years.
Read MoreSEARS TO CLOSE 28 MORE KMART STORES IN MORE COST CUTTING MEASURES
The retail environment remained challenging for the retailer, with continued softness in store traffic and elevated price competition.
Read MoreSEARS TO ELIMINATE 400 JOBS IN FURTHER RESTRUCTURING EFFORTS
Since the beginning of the calendar year 2017, Sears Holdings has taken decisive steps to improve its operational performance, enhance its financial flexibility and drive its strategic transformation.
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