ANOTHER 63 SEARS, KMART STORES TO CLOSE BY JANUARY
by Stephen Garner
Nov 06, 2017
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SEARS SELLS CRAFTSMAN BRAND FOR $900 MILLION, CLOSES ADDITIONAL 1...
by Stephen Garner
Jan 05, 2017
These actions aim to facilitate the transformation of Sears from a store-based, asset-intensive business model into a membership-focused, asset-light business model.
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SEARS HOLDINGS OBTAINS $200 MILLION LETTER OF CREDIT
by Stephen Garner
Dec 29, 2016
The letter of credit, which was provided by ESL Investments, provides the company with additional liquidity to fund its operations.
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SEARS CEO “REMAINS COMMITTED TO RESTORING PROFITABILITY” AMONG AN...
by Stephen Garner
Dec 08, 2016
The year-over-year decline in revenues was primarily driven by having fewer Kmart and Sears full-line stores in operation, which accounted for $323 million of the decline.
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SEARS HOLDINGS REPORTS LOSS OF REVENUES IN SECOND QUARTER
by Brian Lipton
Aug 25, 2016
The company, whose divisions include Sears and Kmart, also reported a significant decrease in comparable store sales.
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Fashion
SHOWCASE AT SEARS TO LAUNCH IN FIVE STORES THIS FALL
by Brian Lipton
Aug 22, 2016
The Illinois-based retailer will elevate its apparel offering by creating shop-in-shops full of unusual European and Latin American brands.
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