sears

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.

Financials
Sears Narrows Loss But Comps Plummet In Q3

Sears managed to narrow its net loss in the third quarter following its store closures and cost cutting. But comps remained dismal, declining in double digits for both Sears and Kmart. 

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, Kmart Set Holiday Deals

Sears and Kmart have unveiled their Thanksgiving and Black Friday doorbuster deals as an element in what the retailers are calling a month-long Holiday Blowout promotion.

Blog
The Holiday Shopping Season Starts Early

The clock had barely ticked past midnight on November 1 and several retailers, in announcing holiday season sales, were tripping over themselves like Black Friday shoppers trying to buy a new television.

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.

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