Retailers like Toys
The remains of defunct Sears Holdings is suing Eddie Lampert, the man who was its previous CEO and primary shareholder, alleging he improperly stripped the company of assets as it hurdled toward bankruptcy.
Sears and Kmart are rebranding to try to breathe life into their struggling stores and win back shoppers.
The Sears brand, once the mightiest in retail, is only worth a fraction of what it once was.
Sears is saved. For now.
A bankruptcy judge has blessed a $5.2 billion plan by Sears chairman and biggest shareholder Eddie Lampert to keep the iconic business going.
Sears' lenders, employees and chairman agree on one thing: The company needs a new CEO if it survives bankruptcy.
Lawyers for Sears and its creditors are due back in court Wednesday for a hearing that could decide the iconic retailer's fate.
If Sears dies, does that save rival JCPenney?
Even if Sears survives bankruptcy, there will be a wide swath of America that no longer has any of its stores.
After a record-setting number of store closures in 2017, here's a look at the retailers who have closed stores so far in 2018.
Sears has won some more time to save itself. But not a lot more time.