Kmart, the once-competitive major retail chain, is set to shut down its final full-scale store in New York Sunday. The soon-to-be-shuttered Kmart location in Bridgehampton will join the graveyard of ...
The struggling retailer, a subsidiary of Eddie Lampert’s Transformco, is looking for rent concessions on its stores.
In its heyday, Sears dominated the US from its headquarters in Chicago, once the country’s tallest tower. The retailer won ...
Now down to fewer than a dozen stores, Sears is reportedly looking for rent concessions so that it can keep the lights on.
HARRIS SAYS IT IS ALL OVERDUE. NICK BOHR, WISN 12 NEWS. DERRIC The site of a historic former Sears store in Milwaukee has become a massive site for illegal dumping. The once bustling retail area ...
Correction: An earlier version of this story incorrectly stated the operational status of Sears Hometown outlet stores. All of those locations closed last year.
Kmart has been slowly closing stores for years since merging with Sears in 2005 under the management of hedge-fund CEO Eddie Lampert. Sears Holdings, the parent company of Kmart and Sears ...
Correction: An earlier version of this story incorrectly stated the operational status of Sears Hometown outlet stores. All of those locations closed last year.
And it’s struggling to hold onto less than a dozen stores it has left. Sears is working with advisory firm Huron Consulting Group Inc. to help score rent concessions from its landlords of its ...