Sears Holdings Corp. announced late Monday that CEO Louis J. D'Ambrosio is stepping next month due to health issues involving his family. Read »
Sears is preparing to spin off its Hometown and Outlet stores as well as some hardware stores into a separate publicly traded company. The news sent the company's stock up $2.58, or 5 percent, to $54 in... Read »
Sears' free fall is continuing to sink further, as the Tribune is reporting that the long suffering retailer will "spin off its small-format hometown dealer stores and outlets and sell 11 stores to raise cash."... Read »
More bad news for Sears, whose softer side is presumably getting rather raw now. Marketwatch is reporting that Moody's Investors Service has downgraded Sears' ratings two notches, under the assumption that... Read »
First Marshall Fields in the Loop, and now this? Thursday was the deadline for lawmakers to offer Sears Holdings Corp. enough tax breaks to make it worth the retail giant's while to stick around in scenic... Read »