Edward Lampert

Sears to Spin Off Lands' End

Sears Holdings says it will spin off its Lands' End clothing business as a separate company by distributing stock to the retailer's shareholders.

The 8 Retailers That Will Close the Most Stores in 2013

After years in an unsteady economic climate, being battered by e-commerce on one hand and more effective bricks-and-mortar competitors on the other, these eight chains need the relief that shrinking can provide. And this year, that's exactly what they'll get.

The 10 Most Hated Companies in America

Botched product launches, plunging stock values, massive layoffs, unhappy workers and poor customer service: These are just some of the woes that can win a business a spot on the 24/7 Wall St. list of the 10 most hated companies in America.

The Biggest Thing on Sale at Sears? Pieces of Sears

Sear announced this week that it will divest itself of more than 1,000 Hometown and Outlet stores, its latest move to find profits in spin offs. But does Sears have anything left that anyone wants to buy other than pieces of its business?

How Sears Can Save Itself: Buy and Sell American

On Tuesday, Sears Holdings announced it would close as many as 120 Sears and Kmart stores after a holiday sales season in which it fell flat on its face. What Sears really needs is a new image -- an idea that will lure shoppers back. Could "Made in the USA" be it?

Is Sears Headed for Bankruptcy?

Shares of Sears Holdings fell 27% Tuesday on news that the retailer would close as many as 120 poorly performing Sears and Kmart stores -- an unusually harsh response to a cost-cutting measure. Clearly, investors are concerned that the problems run much deeper -- and they're right to worry.

Why Sears Will Never Be Great Again

When Sears and Kmart were merged into Sears Holdings by Eddie Lampert, it looked like he had a reasonable plan to reinvigorate the two battered retailers. What went wrong? Just about everything.