Sears Holdings

Retail
Sears Reconfigures Finances

Sears Holdings has entered into an agreement to extend the maturity of its existing term loan, originally set to mature in June 2018, to January 2019, with the option to further extend the maturity to July 2019.

Retail
Sears Juggles Finances To Free Up Funds

Sears Holdings has made several moves to restructure some of its finances and said that it expects to improve its net loss in its upcoming third quarter results. However, the company signaled that its comparable store sales for both Kmart and Sears are continuing to decline. 

Retail
Sears Closing Another 43 Stores

As Sears Holdings continues its “transformation,” the retailer will close another 43 locations as the company “continues to focus on our best stores and return to profitability,” said Eddie Lampert, chairman and CEO of the retailer.

Financials
Sears Comps Sink In Q1

Sears and Kmart comps continued to plunge in the first quarter, although Sears Holdings did post a profit based on its cost cutting and restructuring efforts.

Blog
What We Learned In Q1

As the spring weather warmed much of the country in mid-May, the housewares industry digested the first quarter earnings reports from a host of retailers.

Retail
Sears Holdings Casts Doubt On Its Future

With the future of Sears and Kmart a hot topic of conversation among housewares vendors and others throughout the retail community, the parent company of the two venerable retailers is casting doubt on their future.

Retail
Sears Obtains Additional Credit Line

Sears Holdings Corporation has obtained a secured standby letter of credit facility (LC Facility) that provides the struggling retailer with additional liquidity to fund its operations, the company announced.

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