Lampert Hit With 'Rare' Damages Decision in Sears Hometown Case
Billionaire Eddie Lampert suffered an unusual legal setback Thursday in a case involving the byzantine restructuring of Sears ...
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Eddie Lampert steered Sears into bankruptcy, but he's found ways to gain if it sinks
Sears has imploded under the leadership of former Wall Street wunderkind Edward S. Lampert. Lampert merged Sears and Kmart in 2005 and later sold off some of the company's key real estate and ...
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Final full-sized Kmart in US to close
The era of Kmart started to come to an end when Sears and Kmart merged in 2005 by hedge fund operator Eddie Lampert. Kmart ...
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Sears CEO blasts 'false and exaggerated' reports that Kmart is shutting down
Sears CEO Eddie Lampert is hitting back against reports that Kmart is shutting down. In a blog post published on Monday, Lampert blasted "frequent false and exaggerated claims surrounding our ...
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Kmart’s last full-scale U.S. store, on Long Island, will close next month
The company attempted to gain back some of its past retail glory a few years later after hedge fund executive Edward Lampert merged Kmart and Sears into a new corporation, known as Sears Holdings.
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One chart shows how far Sears has fallen from its status as the world's largest retailer
The company's former CEO, Eddie Lampert, purchased the company out of ... about 45,000 workers employed at roughly 425 Sears and Kmart stores, the company said at the time. Since then, Sears ...
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Sears just got a $150 million lifeline from lenders including Eddie Lampert as it racks up losses less than a year after filing for bankruptcy
U.S. retailer Sears has borrowed about $150 million from lenders, including its billionaire owner Eddie Lampert ... and Target. Lampert combined Sears and rival chain Kmart more than 15 years ...