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Everecore: 'People Don't Feel The Need To Go To Sears To Buy Their Refrigerator And Underwear In The Same Store'
Tuesday, April 26, 2016 - 11:45am | 196Sears Holdings Corp (NASDAQ: SHLD) recently announced a fresh round of store closures affecting its Sears and K-Mart stores. However, it appears that the company's CEO Eddie Lampert is shutting more than just unprofitable stores. According to the New York Post, Sears Holdings plans on...
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Sears Holdings Details New Plan To 'Restore Profitability'
Friday, April 22, 2016 - 8:28am | 259Sears Holdings Corp (NASDAQ: SHLD) announced after Thursday's market close a new plan with the objective of returning to profitability. Sears Holdings said that it will close 68 Kmart stores and 10 Sears stores throughout the summer. The company stated that the store closures should generate a...
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Sears Holdings Issues Q4 Update, Shares Dip Lower
Tuesday, February 9, 2016 - 8:50am | 178Shares of Sears Holdings Corp (NASDAQ: SHLD) were trading lower by nearly 3 percent early Tuesday morning after the company provided an update to its fourth quarter results which are scheduled to be released on February 25. Sears expects to report revenue of $7.3 billion in the fourth quarter and $...