Sears

Sears, Kmart Closing More Stores

(CNN) - Sears, once the dominant big box retailer with thousands of stores, continues to shrink as it tries to emerge from bankruptcy. The company says it will get through the Christmas season, but expects to be forced to…

Sears To Close Stores Even If It Survives Bankruptcy

Beaumont, TX (KBMT) - Even if Sears survives its bankruptcy proceedings this month, the retailer will continue to close down stores. A new business plan shows the company anticipates closing 36-more of its K-Mart stores by the end of…

Sears/Kmart to Close 40 More Stores

(CNN) - The problems continue to mount for troubled retailers Sears and K-Mart. Sears holdings announced Thursday that 11 K-Marts and 29 Sears locations will shut their doors in February. That's in addition to the nearly 200 locations the…

Sears Declares Bankruptcy

(CNN) - Sears is sinking. The previously dominant retail chain is filing for bankruptcy. The company, which has been around for 132-years, has had financial issues over the past few years and has major debts. Sears was unable to…

Sears May Be on the Brink of Bankruptcy

(CNN) - Sears, which was at one point America's largest retailer and its largest employer appears to be nearing bankruptcy. One of Sears' major shareholders just dumped a chunk of his stock for pennies on his original investment. The…

Sears Stock Drops Below $1

(CNN) - Sears suffered another blow Friday, when the company's stock fell below one dollar for the first time ever. The retail giant's share price dropped as much as 15% to 85 cents in midday trading. With prices that…

Sears Closing 72 More Stores

(CNN) -More Sears stores will be closing their doors soon, as sales plunge and losses mount. On Thursday the company will announce at least 72 Sears and Kmart "non-profitable" stores set for closure "in the near future." Sears and…

Sears Selling Some of Its Stores Online

(CNN) - Sears is looking to cash in on what is perhaps it's most valuable asset: Real estate. The troubled retailer is partnering with online auction platform "real insight marketplace" to sell sixteen profitable store locations. Sears has faced sagging…

Best Buy: We Were Hit By Sears, Delta Data Breach

(CNN) - Retailer 'Best Buy' said Friday that some of its customers' credit card information may have been impacted by a data breach. This is the same breach that sears and delta air lines have already reported to be victim…

Sears CEO Gets Raise As Retailer Struggles

(CNN) - Despite its struggles, the CEO of Sears got a raise last year. A company filing on Thursday shows Eddie Lampert's stock bonus for 2017 increased by $850,000, giving him a 24% raise. The stock bonus he received came…