Eddie Lampert

Bankrupt U.S. retailer Sears Holdings Corp takes a hit of $443 million in store closure charges in the third quarter

By admin1 on December 19, 2018 • ( 0 )

Some charges remain to be booked in the 4th quarter. According to a regulatory filing, bankrupt U.S. retailer Sears Holdings Corp will take a $443 million charge on account of the closures of its stores. Sears stated, some of the… Read More ›

Eddie Lampert, Sears Holdings Corp’s CEO steps in for bankruptcy financing

By admin1 on October 15, 2018 • ( 0 )

Eddie Lampert, Sears Holdings Corp’s largest shareholder and lender, is hoping to use the proceedings to help Sears tide over liquidation ahead of the crucial holiday shopping season. According to sources familiar with the matter at hand, Eddie Lampert, Sears… Read More ›