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Report: Sears Sues Former CEO Lampert

Sears Holdings Corp. and a group of unsecured creditors are suing the retailer’s former CEO Edward Lampert along with several board members including current Treasury Secretary Steven Mnuchin for allegedly stealing billions of dollars from the retailer.

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Rite Aid Adds Executives To Board Of Directors

Rite Aid’s board of directors has appointed Elizabeth Burr, who most recently served as chief innovation officer and vp/health care trend and innovation at Humana, and Katherine Quinn, who currently serves as vice chairman and chief administrative officer of U.S. Bancorp, to the company’s board.

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